深圳各区经济半年报观察：谁是“尖子生”？谁在“挑大梁”？

Core Viewpoint - Shenzhen's economy showed stable performance in the first half of 2025, with some districts experiencing better growth in Q2 compared to Q1, but the foundation for economic recovery still needs to be strengthened [2][4][8]. Economic Performance - The total GDP of Shenzhen reached 18,322.26 billion yuan in the first half of 2025, with a year-on-year growth of 5.1% [4][5]. - The top three districts by GDP are Nanshan District (4,980.06 billion yuan), Futian District (2,953.15 billion yuan), and Longgang District (2,809.67 billion yuan) [5][6]. - Seven districts had GDP growth rates exceeding the city average, with the highest growth in the Special Cooperation Zone (12.4%), followed by Dapeng New District (8.7%) and Futian District (7.9%) [5][6]. Industrial Growth - The industrial added value in Shenzhen increased by 4.3% year-on-year, slightly above the provincial average of 4.0% [9]. - The Special Cooperation Zone led the growth in industrial added value at 22.0%, primarily driven by the automotive manufacturing sector [9][11]. - Nanshan District's industrial added value grew by 6.5%, reflecting a strong performance in high-tech industries [11]. Consumer Market - The total retail sales of social consumer goods in Shenzhen reached 4,948.68 billion yuan, with a year-on-year growth of 3.5% [14]. - Nanshan District had the highest growth in retail sales at 13.1%, while Bao'an District's growth was 7.2% [14][16]. - Various districts are actively promoting consumption through initiatives like issuing consumption vouchers and hosting cultural and tourism events [18]. Investment Trends - Fixed asset investment in Shenzhen decreased by 10.9% year-on-year, with real estate development investment down by 15.1% [19][21]. - Five districts achieved positive growth in fixed asset investment, with Nanshan District leading at 6.5% [21]. - Industrial technology renovation investment saw significant growth, particularly in Pingshan District (283.9%) and Longhua District (107.7%) [21].