Economic Overview - In July, the national economy maintained a steady and progressive development trend, with consumer prices turning from decline to increase, driven by rising service and industrial consumer goods prices [1] - The core Consumer Price Index (CPI) increased by 0.8% year-on-year, marking the third consecutive month of expanding growth [1] Consumer Market - The implementation of special actions to boost consumption has effectively released the potential for goods and services consumption, enhancing price support [3] - The demand for service consumption continues to expand, contributing to a stable increase in service prices [3] Foreign Trade - In July, China's total goods import and export volume grew by 6.7% year-on-year, accelerating by 1.5 percentage points compared to the previous month [5] - From January to July, the export value of electromechanical products increased by 9.3%, while high-tech product exports rose by 7.2% [5] - The ongoing high-level opening-up strategy and the complete industrial system are significant advantages for foreign trade stability [5] Emerging Industries - The digital economy is rapidly developing, with the added value of the digital product manufacturing industry growing by 8.4% year-on-year in July [7] - The manufacturing of intelligent unmanned aerial vehicles and intelligent vehicle-mounted equipment saw remarkable growth, with increases of 80.8% and 21% respectively [7]
中国经济稳中有进！商品和服务消费潜力逐步释放 外贸多元化成效继续显现
Yang Shi Wang·2025-08-16 03:15