Group 1 - The core viewpoint of the articles highlights the resilience of China's economy amid global challenges, with a focus on the positive impact of service consumption and government policies on economic growth [1][3][4] - In the first three quarters, the total retail sales of consumer goods increased by 4.5% year-on-year, while service retail sales grew by 5.2%, indicating a faster growth rate in the service sector [1] - The contribution rate of final consumption expenditure to economic growth reached 53.5%, an increase of 9.0 percentage points compared to the previous year, reinforcing its role as the main engine of economic growth [3] Group 2 - The government has implemented several policies to stimulate consumption, including the issuance of 300 billion yuan in special bonds to support the replacement of old consumer goods, which has shown positive effects [1][2] - The manufacturing purchasing managers' index has shown signs of recovery, and key industrial product prices have been rising, which is beneficial for improving corporate profitability [4] - The macroeconomic policies are expected to enhance the stability of economic growth, with a focus on structural monetary policy tools and support for high-tech industries [4][5]
“稳、进、韧”前三季度中国经济顶压前行
Shang Hai Zheng Quan Bao·2025-10-20 18:13