Economic Overview - In August, China's economy showed overall stability with a solid push towards high-quality development, supported by more proactive macro policies [1] - The industrial output maintained a rapid growth rate, with the industrial added value for large-scale enterprises increasing by 5.2% year-on-year [1] - The manufacturing sector performed well, with a 5.7% increase in manufacturing added value, outpacing the overall industrial growth [1] Sector Performance - In agriculture, early rice production saw a slight increase, and the planting area for autumn grain showed a stable slight rise, with overall growth conditions being normal [1] - The service sector also demonstrated strong performance, with the service production index rising by 5.6% year-on-year, surpassing industrial growth [1] Domestic Demand - Domestic demand continued to expand, with social retail sales of consumer goods increasing by 3.4% year-on-year in August, supported by a strong performance in trade-in related goods [4] - For the first eight months, service retail sales grew by 5.1%, outpacing the growth rate of goods retail sales [4] - Fixed asset investment for January to August saw a 0.5% year-on-year increase, with manufacturing investment growing by 5.1%, significantly higher than the overall investment growth [4] Stability in Key Indicators - Key production and demand indicators remained stable, with industrial added value, service production index, social retail sales, and import-export growth rates consistent with the previous months [8] Innovation and Upgrading - The transformation and upgrading of industries continued, with significant growth in smart vehicle equipment manufacturing and electronic components, which saw increases of 17.7% and 13.1% respectively [11] - The added value of equipment manufacturing and high-tech manufacturing increased by 8.1% and 9.3% year-on-year, both significantly outpacing the overall industrial growth [11]
宏观政策“积极有为”助推国民经济运行总体平稳 高质量发展扎实推进
Yang Shi Wang·2025-09-15 05:29