锐财经丨中国经济再上新台阶

Core Viewpoint - In 2025, China's GDP reached 140 trillion yuan, marking a significant milestone with a 5.0% growth rate compared to the previous year, reflecting the country's resilience and commitment to high-quality development amid complex domestic and international economic conditions [1]. Group 1: Economic Stability - The economic performance of the past year can be summarized as "stable, progressive, new, and resilient," with a focus on maintaining stability in the face of external challenges [2]. - The average urban unemployment rate in 2025 is projected to be 5.2%, indicating overall employment stability, while foreign exchange reserves exceed 3.3 trillion USD [2]. - The implementation of proactive macroeconomic policies has effectively mitigated adverse impacts from external changes, stabilizing the economic foundation [2]. Group 2: Economic Progress - Structural adjustments have led to an increase in the proportion of high-tech manufacturing value added to 17.1% of total industrial value added, with final consumption contributing over 50% to economic growth [2]. - The continuous deepening of reforms and the establishment of a unified national market have been highlighted, alongside the official implementation of the Private Economy Promotion Law [2]. - The Hainan Free Trade Port has commenced full island closure operations, marking a significant step towards high-level opening-up [2]. Group 3: Innovation and New Growth Drivers - Research and development expenditure intensity reached 2.8%, surpassing the OECD average for the first time, with China ranking in the top ten globally for innovation index [3]. - Significant advancements in cutting-edge fields such as artificial intelligence and quantum technology have been reported, showcasing the integration of technological and industrial innovation [3]. - The resilience of China's economy is underscored by its position as a stable and reliable source of global economic growth, with high-tech and high-value-added products driving export growth [3]. Group 4: Economic Scale and Quality - China's economy has rapidly progressed through significant milestones, reflecting a stable and advancing economic landscape [4]. - The substantial economic scale enhances the country's risk resistance capabilities, with agricultural production stabilizing at 1.4 trillion jin and manufacturing value added remaining the highest globally for 16 consecutive years [4]. - High-quality development is evidenced by the steady growth of new productive forces and the increasing competitiveness of clean energy products [4]. Group 5: Global Economic Contribution - During the "14th Five-Year Plan" period, China's average contribution to global economic growth reached approximately 30%, with imports projected to hit 18.5 trillion yuan in 2025 [5]. - The continuous reduction of the foreign investment negative list and the expansion of visa-free travel have facilitated international trade and cooperation [5]. Group 6: Future Economic Outlook - The outlook for 2026 indicates that opportunities outweigh challenges, with strong supportive conditions for economic stability and growth [6]. - The economic foundation has strengthened significantly during the "14th Five-Year Plan," with over 36 trillion yuan added to the economy in five years [6]. - New productive forces and reform dividends are expected to continue emerging, enhancing economic dynamism and countering downward pressures [6]. Group 7: International Perspective - Recent upgrades in economic growth forecasts by major international organizations reflect a positive outlook on China's economic development [7]. - Emphasis on innovation-driven growth and deepening reform is crucial for achieving qualitative improvements and reasonable quantitative growth in the upcoming "15th Five-Year Plan" [7].