“实现全年预期目标，有较好条件”

Economic Performance - In November, the industrial added value above designated size increased by 4.8% year-on-year, with a month-on-month growth of 0.44% [1][2] - The service production index rose by 4.2% year-on-year [1] - The total retail sales of consumer goods reached 43,898 billion yuan, growing by 1.3% year-on-year [1] - From January to November, fixed asset investment (excluding rural households) totaled 444,035 billion yuan, down by 2.6% year-on-year; excluding real estate development investment, fixed asset investment grew by 0.8% [1] Industrial and Market Trends - Industrial production remains stable, with the equipment manufacturing industry showing rapid growth, increasing by 7.7% year-on-year in November, contributing 59.4% to the overall industrial growth [2] - Retail sales of cosmetics and gold and silver jewelry increased by 6.1% and 8.5% respectively in November [2] - Service retail sales grew by 5.4% year-on-year from January to November, with a slight acceleration compared to the previous period [2] Consumer Confidence and Policy Measures - The implementation of consumption-boosting policies has effectively expanded consumption scale and upgraded consumption structure, with retail sales growing by 4% year-on-year from January to November [3] - The recent slowdown in retail sales growth is attributed to a high base from the previous year, but overall growth remains better than last year [3] - There is a need to enhance consumer confidence and internal growth momentum, with plans to continue implementing consumption-boosting actions and optimize the consumption environment [3] Economic Outlook - Despite challenges, the resilience of the economy and strong macro policy support provide favorable conditions for achieving annual economic growth targets [4][5] - Recent international organizations have raised their growth forecasts for China, indicating confidence in the country's economic development [4] - The focus will be on strengthening domestic circulation and promoting dual circulation in the face of international uncertainties and geopolitical conflicts [4][5]