Core Insights - The current economic situation in China faces several risks and challenges, necessitating a correct understanding of the situation and an emphasis on proactive measures to leverage development opportunities and strengths [3] - The economic work for the second half of the year will be guided by Xi Jinping's thoughts, focusing on stability and progress, and ensuring policy continuity and flexibility to stabilize employment, businesses, and market expectations [3][5] - The National Bureau of Statistics reported that the GDP for the first half of the year reached 66,053.6 billion yuan, with a year-on-year growth of 5.3% [3] Economic Performance - The GDP growth for the first half of the year was driven by various sectors: - Primary industry added value was 31.17 billion yuan, growing by 3.7% - Secondary industry added value was 239.05 billion yuan, growing by 5.3% - Tertiary industry added value was 390.31 billion yuan, growing by 5.5% [3] - Quarterly performance showed a GDP growth of 5.4% in Q1 and 5.2% in Q2, with a quarter-on-quarter growth of 1.1% in Q2 [3] Policy and Future Outlook - The macroeconomic policies have shown effectiveness, contributing to a stable and improving economic trend, although external uncertainties and insufficient domestic demand remain challenges [4] - The focus for the future will be on strengthening domestic circulation and ensuring high-quality development to counter external uncertainties, promoting sustained and healthy economic growth [5]
重磅发布会!就在明日10:00,事关经济形势!
证券时报·2025-07-31 11:37