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中信证券:8月外贸出口仍有较强韧性 有望支撑工业生产景气边际回升
Zheng Quan Shi Bao Wang·2025-09-02 00:56

Group 1 - The core viewpoint of the article indicates that China's foreign trade exports showed strong resilience in August, which is expected to support a marginal recovery in industrial production [1] - The report highlights a potential increase in the divergence between domestic and external demand, suggesting that retail sales and fixed asset investment growth may continue to decline [1] - On the production side, the industrial sentiment level in August has generally improved, possibly related to the reduction of extreme weather conditions [1] Group 2 - High-frequency data indicates that the export chain's sentiment remains supported, with an expected export growth rate of approximately 6.5% for August [1]