Core Viewpoint - The GDP growth of China in the first three quarters of 2023 reached 101.5 trillion yuan, with a year-on-year increase of 5.2%, indicating a stable economic development despite a slight decline in growth rate in the third quarter [1][6]. Economic Indicators - The industrial added value for large-scale enterprises increased by 6.2% year-on-year in the first three quarters, showing a slight decline compared to the first half of the year [4]. - The service sector's added value grew by 5.4% year-on-year, supported by the acceleration of artificial intelligence applications and increased consumer demand during the summer [4]. - The total retail sales of consumer goods increased by 4.5% year-on-year, with a notable decline in growth rate in September, marking the lowest monthly growth rate of the year at 3% [4][5]. - Fixed asset investment (excluding rural households) decreased by 0.5% year-on-year, with infrastructure investment growing by 1.1% and real estate development investment declining by 13.9% [5]. Trade and Exports - The total import and export value in RMB increased by 4% year-on-year, with exports growing by 7.1% and imports decreasing by 0.2% [6]. - The resilience of exports has been maintained despite external uncertainties and domestic structural adjustment pressures [6]. Policy Measures and Future Outlook - Recent economic stabilization policies, including the introduction of 500 billion yuan in new policy financial tools, are expected to stimulate investment significantly [7][8]. - The implementation of these financial tools could potentially drive infrastructure investment growth by 3-4 percentage points annually over the next three years [8]. - The overall economic growth of 5.2% in the first three quarters provides a solid foundation for achieving the annual growth target of around 5% [9].
三季度经济增长4.8%，国家统计局：有回落但能实现全年目标
2 1 Shi Ji Jing Ji Bao Dao·2025-10-20 05:33