Economic Growth - In December, the industrial added value above designated size grew by 6.2% year-on-year, with 34 out of 41 major industries showing growth[4] - The automotive manufacturing industry saw a significant increase of 17.7% in December, while new energy vehicles surged by 43.2%[4] - The total retail sales of consumer goods reached 43,217.7 billion yuan in 2024, marking a growth of 3.2% compared to the previous year[6] Currency and Trade - On January 24, 2025, the onshore RMB to USD exchange rate rose significantly, reaching a peak of 7.2370, an increase of 462 points from the previous trading day[5] - China's exports in December 2024 increased by 10.7% year-on-year, while imports grew by 1.0%, resulting in a trade surplus of 104.84 billion USD, up 40.3%[5] Monetary Policy - The People's Bank of China announced the issuance of 60 billion yuan in central bank bills, tightening offshore RMB liquidity[5] - The total social financing scale for 2024 was 32.26 trillion yuan, a decrease of 3.32 trillion yuan from the previous year[6] Real Estate Sector - In 2024, national real estate development investment fell by 10.6% year-on-year, with residential investment down by 10.5%[6] - The new construction area of commercial housing decreased by 12.9% in 2024, with residential sales area declining by 14.1%[6]
宏观月报：中美经贸关系回暖 人民币兑美元汇率升值
Hua Lian Qi Huo·2025-01-27 01:15