权威发布｜国民经济延续稳中有进发展态势

Core Viewpoint - The national economy in October 2023 continued to show a stable growth trend, with steady production demand, stable employment and prices, and ongoing transformation and upgrading [1] Economic Operation Overview - Production supply continued to grow, with agricultural production performing well and industrial production remaining stable, as evidenced by a 4.9% year-on-year increase in industrial added value in October [2] - Market sales expanded, with a 2.9% year-on-year increase in total retail sales of consumer goods in October, driven by consumption-boosting initiatives and holiday economic activities [2] Employment and Price Stability - The urban unemployment rate was 5.1% in October, marking a decline for two consecutive months [3] - Positive changes in prices were noted, with consumer prices turning from decline to increase and a narrowing decrease in industrial producer prices [3] Investment Structure and Potential - Fixed asset investment saw a year-on-year decline of 1.7% from January to October, with a 1.1% decrease in exports during the same period [4] - Despite the slowdown in investment growth, manufacturing investment increased by 2.7% year-on-year, accounting for 25.6% of total investment, up by 1.1 percentage points from the previous year [4] Outlook for the Year - There are favorable conditions for achieving the annual economic and social development goals, despite facing risks and challenges [5] - The economy has shown rapid growth this year, with stable employment and prices, laying a solid foundation for achieving annual targets [6] - The potential for demand continues to be released, with active market sales and a focus on strengthening domestic circulation [6]