Core Viewpoint - The overall economic operation in August is stable, with steady progress in economic growth and high-quality development being achieved through coordinated macro policies [4][5][10]. Economic Performance - Industrial production showed rapid growth, with the industrial added value of large-scale enterprises increasing by 5.2% year-on-year and 0.37% month-on-month in August [7]. - The manufacturing sector performed well, with a 5.7% year-on-year increase in manufacturing added value, outpacing the overall industrial growth [7]. - The service sector's production index grew by 5.6% year-on-year, benefiting from increased travel during the summer [7]. Domestic Demand - From January to August, the total retail sales of consumer goods increased by 4.6% year-on-year, with service retail sales up by 5.1% [8]. - Fixed asset investment rose by 0.5% year-on-year, with non-real estate fixed asset investment growing by 4.2% and manufacturing investment increasing by 5.1% [8]. Foreign Trade - In August, the total value of goods trade increased by 3.5% year-on-year, with both exports and imports achieving three consecutive months of growth [9]. Employment and Prices - The urban unemployment rate in August was 5.3%, unchanged from the same period last year [10]. - The Consumer Price Index (CPI) fell by 0.4% year-on-year, primarily due to lower food prices, while the core CPI, excluding food and energy, rose by 0.9% [10]. Consumption Trends - In August, retail sales of goods grew by 3.6% year-on-year, with significant growth in categories supported by consumption policies [11]. - New consumption patterns, including online retail and green consumption, are emerging, with online retail sales increasing by 9.6% year-on-year [11]. Economic Transition - The economy is undergoing a transformation, with significant growth in high-tech and green industries, such as a 22.7% increase in new energy vehicle production [12]. - The manufacturing value added in high-tech sectors grew by 9.3%, indicating a positive trend in industrial upgrading [12]. Macro Policy Impact - The Producer Price Index (PPI) showed signs of stabilization, with a narrowing year-on-year decline, reflecting the effectiveness of macro policies [13]. - Various macro policies are being implemented to stabilize employment, businesses, and market expectations, contributing to economic resilience [14]. Future Outlook - Despite external uncertainties, the domestic economy is expected to maintain a stable and progressive development trajectory, supported by strong fundamentals and effective macro policies [16].
经济转型升级稳步推进(权威发布)
Ren Min Ri Bao·2025-09-15 22:22