Economic Performance - In the first five months, Shanghai's industrial enterprises achieved a total industrial output value of 1,573.178 billion yuan, representing a year-on-year growth of 4.8% [1] - The total retail sales of consumer goods in Shanghai reached 687.211 billion yuan, with a year-on-year increase of 1.4% [1] - Retail sales of goods amounted to 603.618 billion yuan, showing a year-on-year growth of 1.9%, while catering revenue was 83.593 billion yuan, reflecting a decline of 2.5% [1] Investment Trends - Real estate development investment in Shanghai increased by 4.0% compared to the same period last year [1] - Total fixed asset investment in Shanghai grew by 6.2% year-on-year in the first five months [1]

Economic Growth - In May, the national industrial added value above designated size increased by 5.8% year-on-year, with equipment manufacturing and high-tech manufacturing growing at 9.0% and 8.6% respectively, outpacing the overall industrial growth by 3.2 and 2.8 percentage points [1][12] - The service industry production index rose by 6.2% year-on-year in May, accelerating by 0.2 percentage points compared to the previous month [2][14] Consumer Market - The total retail sales of consumer goods reached 41,326 billion yuan in May, marking a 6.4% year-on-year increase, which is 1.3 percentage points higher than the previous month [3][16] - Sales of household appliances and audio-visual equipment, communication equipment, cultural and office supplies, and furniture saw year-on-year growth ranging from 25.6% to 53% [11][16] Investment Trends - From January to May, fixed asset investment (excluding rural households) totaled 191,947 billion yuan, with a year-on-year growth of 3.7%, particularly in high-tech industries such as information services and aerospace manufacturing [4][16] - Investment in equipment and tools increased by 17.3% in the first five months, contributing 63.6% to overall investment growth [11] Employment and Market Activity - The employment situation remained stable, with a decrease in the urban survey unemployment rate [6] - Macro policies have effectively enhanced market activity, leading to increased passenger turnover and a rise in domestic tourism during the "May Day" holiday [10] Industry Performance - The production of lithium-ion batteries, shipbuilding, and boiler manufacturing industries achieved double-digit growth in May, driven by large-scale equipment updates [8] - The production of new energy vehicles, tablets, and electric bicycles saw significant increases of 31.7%, 30.9%, and 20.5% respectively [8][12]

Economic Indicators - In May, the industrial added value of large-scale enterprises increased by 5.8% year-on-year, while the growth for January to May was 6.3% [1] - Fixed asset investment nationwide grew by 3.7% year-on-year from January to May [1] - The total retail sales of consumer goods in May rose by 6.4% year-on-year, with a growth of 5.0% for January to May [1] Real Estate Market - In May, the sales prices of commercial residential properties in 70 large and medium-sized cities showed a month-on-month decline, with the year-on-year decline continuing to narrow [2] Stock Market Updates - The Shenzhen Stock Exchange announced an adjustment to the list of Hong Kong Stock Connect eligible securities, with CATL being added effective June 16, 2025 [3] - As of the midday close, the Shanghai Composite Index rose by 0.05%, the Shenzhen Component Index increased by 0.13%, and the ChiNext Index went up by 0.37%. The Hang Seng Index fell by 0.12%, while the Hang Seng Tech Index rose by 0.15% [4]

中国5月社会消费品零售总额环比 0.93%，前值-0.08%。 ...

2025年5月份社会消费品零售总额主要数据 | 指标 | 5月 绝对量 | | 1—5月 | | | --- | --- | --- | --- | --- | | | | | 绝对量 | | | | （亿元） | 同比增长（%） | （亿元） | 同比增长（%） | | 社会消费品零售总额 | 41326 | 6.4 | 203171 | 5.0 | | 其中：除汽车以外的消费品零售额 | 37316 | 7.0 | 184324 | 5.6 | | 其中：限额以上单位消费品零售额 | 16716 | 8.0 | 80749 | 6.3 | | 其中：实物商品网上零售额 | - | - | 49878 | 6.3 | | 按经营地分 | | | | | | 城镇 | 36057 | 6.5 | 176490 | 5.1 | | 乡村 | 5269 | 5.4 | 26681 | 4.9 | | 按消费类型分 | | | | | | 餐饮收入 | 4578 | 5.9 | 22773 | 5.0 | | 其中：限额以上单位餐饮收入 | 1374 | 4.8 | 6583 | 4.5 | | 商品零售额 | 3 ...

中国1至5月社会消费品零售总额同比 5%，前值 4.7%。 ...

中国5月社会消费品零售总额同比 6.4%，预期5%，前值5.10%。 ...

Group 1 - In May, the total retail sales of consumer goods reached 41,326 billion yuan, with a year-on-year growth of 6.4% [5] - From January to May, the total retail sales of consumer goods amounted to 203,171 billion yuan, growing by 5.0% year-on-year [5] - Urban retail sales in May were 36,057 billion yuan, increasing by 6.5%, while rural retail sales were 5,269 billion yuan, up by 5.4% [5][2] Group 2 - In May, the retail sales of goods reached 36,748 billion yuan, with a year-on-year increase of 6.5%, and catering revenue was 4,578 billion yuan, growing by 5.9% [5] - From January to May, the retail sales of goods totaled 180,398 billion yuan, with a growth of 5.1%, while catering revenue was 22,773 billion yuan, increasing by 5.0% [5] Group 3 - For the first five months, retail sales in convenience stores, specialty stores, supermarkets, brand stores, and department stores grew by 8.5%, 6.3%, 5.7%, 1.8%, and 1.3% respectively [4] - Online retail sales reached 60,402 billion yuan from January to May, with a year-on-year growth of 8.5%, and physical goods online retail sales were 49,878 billion yuan, increasing by 6.3% [4] Group 4 - The retail sales of food and oil products in May were 1,919 billion yuan, with a significant growth of 14.6%, while the sales of gold and silver jewelry increased by 21.8% to 300 billion yuan [7] - The sales of home appliances and audio-visual equipment surged by 53.0% in May, reaching 1,166 billion yuan [7]

提醒：北京时间10:00将发布中国1-5月规模以上工业增加值、社会消费品零售总额、房地产开发投资等 月度经济数据。 ...

Group 1 - The article highlights the upcoming release of China's May retail sales data, which is a key indicator of consumer spending and economic health [1] - A press conference by the State Council Information Office will discuss the national economic operation, providing insights into the current economic landscape [1]