重要数据出炉！国家统计局详解

Economic Overview - The GDP for the first three quarters reached 10,150.36 billion yuan, with a year-on-year growth of 5.2%, accelerating by 0.2 and 0.4 percentage points compared to the full year of 2024 and the same period in 2024 respectively [1] - The quarterly GDP growth rates were 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3, with the decline in Q3 attributed to complex external environments and significant domestic structural adjustment pressures [1] Industrial Production - The industrial added value for large-scale enterprises grew by 6.2% year-on-year, with the equipment manufacturing sector increasing by 9.7% and high-tech manufacturing by 9.6%, outpacing the overall industrial growth by 3.5 and 3.4 percentage points respectively [3] - The share of equipment manufacturing in total industrial output reached 35.9%, maintaining above 30% for 31 consecutive months, indicating its stabilizing role in the economy [3] - Industrial exports showed resilience, with a year-on-year growth of 3.3% in the first three quarters, and the capacity utilization rate for large-scale industrial enterprises rose to 74.6% in Q3, up 0.6 percentage points from Q2 [3] Service Sector - The service sector's added value increased by 5.4% year-on-year, with significant growth in information transmission, software and IT services (11.2%), leasing and business services (9.2%), and transportation, warehousing, and postal services (5.8%) [4] Consumer Spending - The total retail sales of consumer goods grew by 4.5% year-on-year, with the growth rate accelerating by 1.2 and 1.0 percentage points compared to the same period last year and the full year respectively [6] - Final consumption expenditure contributed 53.5% to economic growth, reinforcing its role as a primary growth engine [6] - The retail sales of goods increased by 4.6%, while catering revenue rose by 3.3%, and service retail sales grew by 5.2% [6] Investment Trends - Fixed asset investment (excluding rural households) declined by 0.5% year-on-year, with infrastructure investment increasing by 1.1% and manufacturing investment growing by 4.0%, while real estate development investment fell by 13.9% [6] - Excluding real estate development, project investment increased by 3.0% year-on-year [7] Future Outlook - The internal logic for stable economic development remains unchanged, with favorable conditions for achieving annual targets [9] - Continuous macroeconomic policies are expected to support stable economic operations, with an emphasis on enhancing policy coordination and targeting in Q4 [9] - Early indicators show positive signals, such as a rise in the manufacturing purchasing managers' index and an increase in prices for key industrial products [9]