经济结构不断调优 新旧动能有序转换 透过“三季报”看中国经济稳步前行（经济新方位）

Core Viewpoint - The overall economic performance in the first three quarters of 2023 shows a stable growth trend, with GDP growth of 5.2% year-on-year, indicating resilience and progress despite external challenges [2][5][10]. Economic Growth - The GDP for the first three quarters increased by 5.2% year-on-year, with a total economic increment of 39,679 billion yuan, which is 1,368 billion yuan more than the previous year [2][9]. - In the third quarter, GDP growth was 4.8% year-on-year, with a quarter-on-quarter increase of 1.1%, reflecting a slight recovery from the second quarter [1][9]. Employment and Prices - The average urban unemployment rate for the first three quarters remained stable at 5.2%, consistent with the first half of the year [2][10]. - The Consumer Price Index (CPI) saw a slight decrease of 0.1% year-on-year, while the core CPI, excluding food and energy, increased by 0.6% [2][10]. International Trade - The external trade demonstrated strong resilience, with the total import and export volume reaching a historical high for the same period, and a year-on-year growth of 6.0% in the third quarter [2][10]. - Foreign exchange reserves remained above 3.3 trillion USD, with a stable appreciation of the RMB [2][10]. Industrial Performance - The added value of the equipment manufacturing and high-tech manufacturing industries accounted for 35.9% and 16.7% of the total industrial added value, respectively [4]. - Key physical indicators showed stable growth, with industrial electricity generation increasing by 1.6% year-on-year [2][4]. Policy Impact - The proactive macroeconomic policies have effectively supported economic stability and long-term growth, with a contribution rate of final consumption expenditure to economic growth reaching 53.5%, an increase of 9.0 percentage points from the previous year [6][9]. - Investment in equipment and tools rose by 14.0% year-on-year, significantly contributing to overall investment growth [6][7]. Future Outlook - The economic growth in the first three quarters lays a solid foundation for achieving annual targets, with new productive forces expected to create new growth points [10][11]. - Positive indicators, such as the manufacturing purchasing managers' index (PMI) showing continuous recovery, suggest ongoing economic resilience and vitality [10][11].