一周综评与展望：完成全年经济发展目标任务

Group 1 - The report highlights that China's GDP for 2024 reached 130 trillion yuan, growing by 4.2% year-on-year, successfully achieving the annual growth target of around 5% [2] - The service sector's contribution to the economy has become more pronounced, with the tertiary industry accounting for 56.7% of GDP, up from 56.3% in 2023 [2] - In Q4 2024, GDP growth accelerated to 5.4% year-on-year, benefiting from a series of stimulus policies, with industrial output and service sector value-added both showing significant growth [2] Group 2 - The report notes that China's total import and export volume reached a record high of 43.8 trillion yuan in 2024, with exports surpassing 25 trillion yuan for the first time, marking a 7.1% increase year-on-year [2] - The report emphasizes that machinery and electrical products contributed the most to the export growth [2] - The central economic work conference has proposed more proactive macro policies for 2025, which are expected to further support economic growth [2] Group 3 - The report indicates that in December 2024, M1 growth was -1.4%, while M2 grew by 7.3%, showing a narrowing gap between M2 and M1 [2] - The total social financing scale for 2024 was 32.26 trillion yuan, which is lower than the previous year's figure [2] - The report anticipates that financial data in 2025 will show improvement as policies to meet the funding needs of enterprises and residents continue to be implemented [2]