11月份经济数据出炉

Economic Overview - The national economy in November shows overall stability, continuing a trend of steady progress under the leadership of the central government [1][10] Agriculture - The total grain production for the year reached 14.298 billion jin, an increase of 167.5 million jin or 1.2% from the previous year, maintaining above 14 trillion jin [2] - Autumn grain production was 10.732 billion jin, up by 163.6 million jin or 1.5% year-on-year [2] - The total area for grain planting increased to 1.791 billion mu, a rise of 1.348 million mu or 0.1% [2] - Grain yield per mu was 399.1 kg, an increase of 4.4 kg or 1.1% from last year [2] Industrial Production - The industrial added value for large-scale enterprises grew by 4.8% year-on-year in November, with a month-on-month increase of 0.44% [3] - The equipment manufacturing sector saw a year-on-year growth of 7.7%, while high-tech manufacturing grew by 8.4% [3] - The manufacturing purchasing managers' index was at 49.2%, indicating slight improvement [3] Services Sector - The service sector production index increased by 4.2% year-on-year in November, with significant growth in information transmission, software, and financial services [4] - The business activity index for services was at 49.5%, while the business activity expectations index was at 55.9% [4] Retail Sales - The total retail sales of consumer goods reached 43.898 billion yuan in November, a year-on-year increase of 1.3% [5] - Online retail sales amounted to 144.582 billion yuan, growing by 9.1% year-on-year [5] - The retail sales of basic living goods and some upgraded products showed rapid growth [5] Fixed Asset Investment - Fixed asset investment (excluding rural households) was 444.035 billion yuan, a decrease of 2.6% year-on-year [6] - Manufacturing investment grew by 1.9%, while real estate development investment fell by 15.9% [6] - High-tech industries, particularly information services and aerospace manufacturing, saw significant investment growth of 29.6% and 19.7% respectively [6] Trade - The total import and export value in November was 38.987 billion yuan, a year-on-year increase of 4.1% [7] - Exports reached 23.456 billion yuan, growing by 5.7%, while imports were 15.531 billion yuan, up by 1.7% [7] - Private enterprises accounted for 57.1% of total trade, with a growth rate of 7.1% [7] Employment - The urban unemployment rate was stable at 5.1% in November, with an average of 5.2% for the first eleven months [8] - The average weekly working hours for employees were 48.6 hours [8] Prices - The Consumer Price Index (CPI) rose by 0.7% year-on-year in November, with food prices increasing by 0.3% [9] - The Producer Price Index (PPI) for industrial producers decreased by 2.2% year-on-year [9]