河南研究：经济数据跟踪（2024年9月）

National Economic Overview - In the first three quarters of 2024, China's GDP reached 949,746 billion yuan, with a year-on-year growth of 4.8%[2] - The industrial added value for the first three quarters grew by 5.8%, while retail sales of consumer goods increased by 3.3%[2] - Fixed asset investment (excluding rural households) rose by 3.4%, and imports and exports grew by 5.3%[2] - The second industry's growth rate significantly declined in Q3, contributing 41.5% to GDP growth, down 2.1 percentage points from the first half of the year[5] Henan Province Economic Performance - Henan's GDP for the first three quarters was 47,881.96 billion yuan, with a year-on-year growth of 5.0%[3] - The province's industrial added value increased by 7.7%, while retail sales of consumer goods rose by 5.7%[3] - Fixed asset investment in Henan grew by 6.7%, but foreign trade saw a decline of 5.2%[3] - In September, the provincial government introduced policies to boost technological innovation and consumer spending, indicating a positive outlook for economic recovery[3] Investment and Consumption Trends - National fixed asset investment totaled 378,978 billion yuan in the first three quarters, with infrastructure investment growing by 4.1% and manufacturing investment by 9.2%[15] - Retail sales of consumer goods reached 353,564 billion yuan, growing by 3.3% year-on-year, with notable increases in home appliances and cultural office supplies[14] - The real estate sector continues to show low performance, with development investment down by 10.1% but showing signs of marginal improvement[18]