Economic Growth - China's GDP grew by 5.2% year-on-year in the first three quarters of this year, with industrial production increasing by 6.2% [1][3] - Manufacturing investment saw a rapid growth of 4.0% year-on-year [1] Consumer Market - The total retail sales of consumer goods reached 365,877 billion yuan, with a year-on-year growth of 4.5%, accelerating by 1.2 percentage points compared to the same period last year [4] - Urban and rural markets are expanding, with urban retail sales growing by 4.4% and rural retail sales by 4.6%, the latter outpacing urban growth by 0.2 percentage points [4] Income and Consumption - Rural residents' per capita disposable income increased by 6%, surpassing urban growth of 1.5% and the national average [7] - Online retail sales grew by 9.8% year-on-year, with green consumption and high-efficiency appliances also seeing significant growth [7] Service Sector - The service sector achieved a year-on-year growth of 5.4%, contributing 60.7% to the national economic growth [10] - Key areas such as information transmission, software, and IT services saw increases of 11.2% and 9.2% respectively [10] Innovation and New Consumption Models - The integration of "AI + consumption" is accelerating, with new technologies enhancing consumer experiences and meeting demands for quality and diversity [9][13] - The "service +" model is expanding, linking various service sectors like dining, accommodation, and travel, driving service consumption growth [16]
中国经济三季报｜消费市场稳健有力、向上向好 服务业“压舱石”作用显效
Yang Shi Wang·2025-10-21 02:08