Core Viewpoint - The Chinese economy is showing resilience and steady growth, with a GDP increase of 5.2% year-on-year in the first three quarters of the year, despite external pressures and internal challenges [1][2]. Economic Performance - The industrial added value above designated size grew by 6.2% year-on-year in the first three quarters [2]. - Retail sales of consumer goods increased by 4.5% year-on-year [2]. - The average urban unemployment rate remained stable at 5.2% [2]. - Key manufacturing indices, such as the Purchasing Managers' Index, showed positive trends, indicating a stable macroeconomic environment [2]. Innovation and Development - The growth rates of the equipment manufacturing and high-tech manufacturing sectors outpaced the overall industrial growth by 3.5 and 3.4 percentage points, respectively [2]. - China is expected to enter the top ten in the global innovation index by 2025, reflecting a strong focus on innovation and technology [2]. - Notable advancements include the development of a new in-car infotainment system by Porsche's local team and the establishment of a major innovation center by Henkel in Shanghai [2]. Trade Resilience - China's goods trade imports and exports grew by 4% year-on-year, marking eight consecutive quarters of growth [3]. - The country has expanded its trade partnerships, being among the top three trade partners for 166 countries and regions [3]. - September saw the fastest export growth in six months, showcasing China's trade resilience [3]. Policy Support - The Chinese government has implemented proactive macroeconomic policies to support economic stability, including measures to boost service consumption and enhance project organization [3]. - The upcoming 14th Five-Year Plan and the recent Fourth Plenary Session of the 20th Central Committee are expected to provide strategic direction for China's economic development [4]. Future Outlook - The international community views China's economic planning as significant for global economic stability, with expectations for continued policy stability and expanded openness [4]. - Foreign enterprises express confidence in the Chinese market, seeing it as a valuable opportunity for future growth [4].
国际锐评丨5.2%的背后 看出中国经济哪些势头?
Yang Shi Xin Wen Ke Hu Duan·2025-10-21 02:10