宏信证券：每日信息速递-20241118

Key Points - The report highlights the signing of the upgraded Free Trade Agreement between China and Peru, which aims to enhance bilateral trade and investment cooperation by improving rules of origin, customs procedures, and adding new chapters on e-commerce and environmental trade [4] - In October, China's national economy showed signs of stability and improvement, with key economic indicators rebounding significantly, indicating a positive trend in consumption, service industries, and foreign trade [5][17] - The industrial production in October saw a year-on-year increase of 5.3%, with high-tech manufacturing growing at 9.4%, indicating a robust performance in the manufacturing sector [6] - The service sector's production index grew by 6.3% year-on-year in October, with financial services and information technology services leading the growth [7] - Retail sales in October reached 45,396 billion yuan, a year-on-year increase of 4.8%, driven by the sales of upgraded consumer goods [10] - Fixed asset investment from January to October totaled 423,222 billion yuan, with a growth rate of 3.4%, while high-tech industry investment grew by 9.3% [11] - The total value of goods imports and exports in October was 37,007 billion yuan, with exports increasing by 11.2% and imports decreasing by 3.7% [12] - The urban unemployment rate in October was 5.0%, showing a slight decrease from the previous month, indicating a stable employment situation [13] - Consumer prices rose slightly by 0.3% year-on-year in October, while industrial producer prices fell by 2.9%, reflecting a mixed inflationary environment [16] - The report notes that the real estate market is showing signs of recovery, with measures taken to stabilize the market beginning to take effect [41] - The report also discusses the expansion of urban village renovation policies to nearly 300 cities, which is expected to stimulate economic growth [23][24]