Economic Overview - China's GDP is expected to reach 140 trillion yuan in 2025, solidifying its position as the world's second-largest economy [3] - The economy has shown resilience despite external uncertainties, with a GDP growth of 5.2% year-on-year in the first three quarters, an acceleration of 0.4 percentage points compared to the previous year [6] - The urban unemployment rate in October was 5.1%, a decrease of 0.1 percentage points from the previous month, indicating stability in the job market [6] Consumption and Investment - Consumption has emerged as the main driver of economic growth, with policies aimed at expanding domestic demand and reducing burdens on enterprises [8][16] - Significant investments are being made in clean energy projects, such as the nearly 73 billion yuan investment in the Qinghai Hainan clean energy transmission project [4] International Trade and Foreign Investment - The scale of goods imports and exports reached a historical high in the first three quarters, with foreign exchange reserves increasing to 33,433 billion USD by the end of October [6] - Foreign investments are on the rise, with companies like Danfoss and Medtronic establishing major operations in China, reflecting confidence in the Chinese market [22] Innovation and Technology - The quantum computing sector is advancing, with significant achievements showcased at the 2025 Quantum Technology and Industry Conference, indicating a growing industrial ecosystem [11] - The manufacturing sector remains robust, with the added value of equipment manufacturing accounting for over 35% of industrial output, and the industrial internet core industry exceeding 1.5 trillion yuan [15] Policy and Future Outlook - The Chinese government is focused on stabilizing employment, enterprises, and market expectations, with a commitment to high-quality development as a central theme for the next five years [17][19] - Recent assessments from institutions like Goldman Sachs and Deutsche Bank have raised their growth forecasts for China's economy, highlighting its stability as a cornerstone for global economic growth [8]
『新华社』巩固稳的基础 激发进的动能——透视中国经济的韧性底气
Sou Hu Cai Jing·2025-12-03 07:41