求是专访 | 前三季度中国经济怎么看

Core Viewpoint - China's economy demonstrated resilience and progress in the first three quarters of 2025, with a GDP growth of 5.2%, reflecting strong internal dynamics and effective policy responses to external challenges [1][2][18]. Economic Performance - GDP exceeded 100 trillion yuan, growing by 5.2% year-on-year, which is an acceleration compared to previous periods [2]. - The urban unemployment rate averaged 5.2%, remaining stable throughout the year [2][14]. - Consumer Price Index (CPI) remained stable, with core CPI rising by 0.6% year-on-year, indicating a gradual recovery in demand [2][17]. Structural Quality - The proportion of high-tech manufacturing value added reached 16.7%, up 0.8 percentage points from the previous year, showcasing a shift towards higher quality growth [3]. - Green energy production and consumption are increasing, with significant growth in new energy vehicles and other green sectors [4][9]. Innovation and Development - Major technological advancements were noted, with high-tech manufacturing and digital product manufacturing increasing by 9.6% and 9.7% respectively [7]. - The innovation index of China entered the global top 10 for the first time, highlighting rapid improvements in innovation capabilities [7]. Employment and Income - The per capita disposable income of residents grew by 5.2%, aligning with economic growth, indicating effective measures in safeguarding livelihoods [4][11]. - Employment stability was supported by economic growth and the expansion of the service sector, which accounted for 58.4% of GDP [14]. Price Trends - CPI showed a slight decline of 0.1% year-on-year, primarily influenced by food and energy prices, while core CPI indicated a recovery trend [16][17]. - The government is expected to implement policies to stabilize prices and enhance consumer demand [17][20]. Future Economic Outlook - The economy is expected to maintain stability and progress, supported by strong internal dynamics and proactive macroeconomic policies [18][20]. - Continued emphasis on high-quality development and structural reforms will be crucial for addressing challenges and sustaining growth [20].