经济延续稳中有进态势 新质生产力对制造业投资拉动显著
Zhong Guo Jing Ying Bao·2025-11-15 04:34

Economic Performance - In October, the industrial added value above designated size increased by 4.9% year-on-year, while the total retail sales of consumer goods rose by 2.9%. However, fixed asset investment decreased by 1.7% from January to October [1] - The macroeconomic operation in October was influenced by factors such as slowing external demand, weakened domestic consumption and investment growth momentum, and the time lag in the transmission of stable growth policies [1] High-tech Manufacturing Sector - The high-tech manufacturing sector showed strong growth, with the added value increasing by 7.2% year-on-year in October, outpacing the overall industrial growth [2] - From January to October, the investment in information services, aerospace, and computer equipment manufacturing grew by 32.7%, 19.7%, and 4.1% respectively [2] - The "old-for-new" policy significantly boosted retail sales in telecommunications and cultural office supplies, with growth rates of 23.2% and 13.5% respectively in October [2] Future Outlook - Experts anticipate that stable growth policies will be further strengthened to support the macroeconomic operation in the fourth quarter and the first quarter of the following year [3] - The focus of these policies will be on expanding domestic demand, releasing consumption potential, and increasing effective investment to counteract the impact of slowing external demand [3] - The government aims to stabilize the economy while fostering new productive forces for sustainable economic development [3]