Core Viewpoint - China's GDP for the first three quarters of 2025 reached 10,150.36 billion yuan, with a year-on-year growth of 5.2%, indicating a stable and progressive economic performance despite various challenges [1][2]. Economic Performance - The GDP growth of 5.2% in the first three quarters is an acceleration compared to the previous year, showcasing China's resilience in facing domestic and international challenges [2][3]. - China's economic growth rate is significantly higher than that of major economies like the US and the EU, reinforcing its role as a key driver of global economic growth [3][6]. Trade and Export - China's import and export scale reached a historical high in the first three quarters, with notable growth in trade with ASEAN, Latin America, Africa, and Central Asia, reflecting the effectiveness of market diversification [3][4]. - Despite external pressures such as US tariffs, China's exports remained robust, indicating a strategic expansion of trade relations with other regions [3][5]. Innovation and High-Tech Manufacturing - The high-tech manufacturing sector saw a 9.6% increase in value-added output, with significant growth in industrial robots, 3D printing equipment, and industrial control systems, highlighting the transformation of innovation into economic momentum [4][5]. - The rapid development of cutting-edge technologies like AI, electric vehicles, and quantum technology underscores China's shift towards high-quality economic growth [4][6]. Policy Support and Economic Strategy - A series of macroeconomic policies aimed at expanding domestic demand and promoting green transformation have been effective in enhancing economic resilience [5][6]. - China's strategic focus on long-term development and adaptability has positioned it to transition from high-speed growth to high-quality development [5][6]. Global Economic Impact - China's steady economic growth is expected to boost global growth confidence and create new development opportunities for its trading partners [5][6]. - As the world's second-largest economy, China's active participation is deemed essential for the sustained growth of the global economy [6][7].

Core Viewpoint - China's GDP growth for the first three quarters of the year is 5.2%, indicating a stable and progressive economic development despite various pressures [1][3][5]. Economic Performance - The GDP for the first three quarters is 10,150.36 billion yuan, with a year-on-year growth of 5.2%, an acceleration of 0.4 percentage points compared to the previous year, and an economic increment of 396.79 billion yuan, which is 136.8 billion yuan more than the previous year [3]. - The industrial added value for large-scale industries increased by 6.2%, while the manufacturing sector grew by 6.8% [3]. - Retail sales of consumer goods reached 3,658.77 billion yuan, growing by 4.5%, with service retail sales increasing by 5.2% [3]. - Manufacturing investment saw a rapid growth of 4.0% year-on-year [3]. Employment and Prices - The urban survey unemployment rate remained stable compared to the first half of the year [3]. - The core Consumer Price Index (CPI) has seen an expanding growth for five consecutive months, indicating effective policies to expand domestic demand and promote consumption [3]. International Trade - China's foreign trade demonstrated resilience, with total goods trade value reaching 33.61 trillion yuan, a year-on-year increase of 4% [3]. - The exchange rate of the renminbi has remained stable and has shown an upward trend [3]. High-Quality Development - The proportion of added value from equipment manufacturing and high-tech manufacturing in large-scale industries reached 35.9% and 16.7%, respectively [7]. - Non-fossil energy consumption as a percentage of total energy consumption increased by approximately 1.7 percentage points year-on-year [7]. - New export drivers have emerged, with double-digit growth in the export of "new three samples" products [7]. Consumer Behavior - Significant growth in cultural, tourism, and sports-related consumption was noted, with an estimated 888 million domestic trips during the Mid-Autumn and National Day holidays, showcasing the resilience and vitality of the economy [11].

Core Viewpoint - The overall economic operation in China is stabilizing and improving in the first half of 2025, but structural contradictions remain prominent, with investment, consumption, and exports not synchronizing. The focus for 2026 will be on deepening reforms to stimulate market vitality and balancing stable growth with structural optimization [1]. Group 1: Economic Context - The economic performance in the first half of 2025 is characterized by "policy efforts" and "export grabbing," leading to a steady improvement overall [1]. - There is a need to address new challenges in the second half of the year while consolidating the achievements of the first half [1]. - Key issues include stimulating private sector vitality, reshaping industrial chain advantages, promoting technological innovation, and improving expectations and confidence [1]. Group 2: Event Announcement - The 23rd Financial Wind and Cloud List is officially launched, aiming to identify industry leaders contributing significantly to China's economic and industry development [1]. - The evaluation will cover five major categories: listed companies, banks, insurance, finance, and comprehensive fields, using a dual-track evaluation system of "public voting + expert review" [1][2]. - The award winners will be announced at the Financial China 2025 Annual Meeting, with past winners achieving breakthroughs in brand voice and business innovation during the evaluation period [2]. Group 3: Participation Guidelines - Eligible companies must operate legally within China, covering all types (state-owned, private), nationalities (domestic, foreign, joint ventures), and scales (listed, non-listed) [3]. - Participating companies must comply with various laws and regulations and should not have significant violations or investigations in the past year [3]. - Each company can submit a maximum of two cases for one category, and the committee will ensure fairness and impartiality in the selection process [3].

Group 1 - The global economy is at the end of a major cycle, with the old order collapsing and a new order being rebuilt, leading to increased economic, financial, geopolitical, and ideological turbulence [2][4][6] - The essence of current geopolitical tensions, such as US-China trade friction and the Russia-Ukraine conflict, can be understood through the lens of the economic and social cycles [3][4] - Historical patterns indicate that economic hegemony transitions from productive to non-productive, leading to the decline of dominant powers and a reshaping of global economic and political landscapes [4][5][6] Group 2 - The US-China trade friction is fundamentally a strategic containment effort by the US, which has long-term implications for both nations [8][9] - The changing dynamics of US-China relations are influenced by China's rise and the increasing competition in various sectors, including technology and trade [8][9][10] - China must focus on high-quality development and reform to navigate the challenges posed by the trade conflict and maintain a balanced relationship with the US [10][11] Group 3 - China's economic strategy is shifting from high-speed growth to high-quality development, addressing challenges such as aging population and global economic shifts [12][14] - The new infrastructure initiatives, including digital economy and renewable energy, are set to replace traditional sectors like real estate as the main drivers of economic growth [15][16][18] - The transition to a new economic model emphasizes innovation, technology, and sustainable development, which are crucial for future growth [34][35] Group 4 - Urbanization in China is entering a new phase, with significant population migration towards metropolitan areas, impacting regional economic dynamics [23][24] - The real estate market is transitioning to a stock-based model, leading to regional disparities and a potential industry reshuffle [25][26][27] - The aging population and declining birth rates are shifting the economic focus from demographic dividends to talent dividends, necessitating structural changes in the economy [29][30][31] Group 5 - The rise of the new energy sector, particularly in electric vehicles, presents significant growth opportunities for China, positioning it as a leader in the upcoming energy revolution [18][19] - The acceptance and adoption of electric vehicles are increasing, with market penetration expected to grow substantially in the coming years [20][21][22] - The integration of smart technology with electric vehicles is anticipated to enhance consumer experience and drive further adoption [22]

Core Viewpoint - The article emphasizes the significant progress and transformative changes achieved in China's economic and social development during the "14th Five-Year Plan" period, under the leadership of Xi Jinping, amidst complex external challenges and domestic reform tasks [1] Group 1 - The Chinese economy has historically grown stronger through challenges and tests, indicating resilience and adaptability [1] - The "15th Five-Year Plan" period is identified as a crucial time for solidifying the foundation for socialist modernization and achieving comprehensive development [1] - There is a call for unity around the leadership of Xi Jinping, with a focus on confidence, innovation, and high-quality development to enhance the effectiveness and reasonable growth of the economy [1]

Group 1: Economic Stability and Growth - The core viewpoint emphasizes the importance of certainty in China's development strategy, which has allowed the economy to maintain a steady direction and achieve high-quality growth despite external pressures [1][2] - China's macroeconomic policies are characterized by a focus on stability and long-term strategic considerations, ensuring a reliable environment for economic operations [2][4] - The vast market potential in China, with a population of over 1.4 billion and a growing middle class, positions the country as a significant player in global consumption and innovation [3][5] Group 2: Resilience and Investment Environment - China's economic resilience is highlighted, showcasing its ability to withstand external challenges and maintain growth, evidenced by a 5.3% economic growth rate in the first half of the year [4] - The investment environment in China is described as favorable, with a commitment to optimizing the business climate and protecting the rights of foreign investors, leading to over 1.239 million foreign enterprises established by the end of 2024 [5]

Core Insights - The book "New Coordinates of China's Economy: From Industrial Transformation to Global Win-Win" focuses on the new trends and global opportunities in China's high-quality economic development [1][3] - The book features contributions from influential figures, providing in-depth observations and analyses of China's economic development [1][3] - It emphasizes China's industrial upgrading as a new driving force for global economic growth and highlights the importance of China's open development model for international cooperation [1][3] Summary by Sections - **Book Overview** - "New Coordinates of China's Economy" was officially launched at the 2025 Riyadh International Book Fair on October 2, 2023, and has garnered significant attention from the international publishing community [1] - The book compiles various authoritative articles published by China Daily, featuring prominent authors such as the Executive Director of the World Economic Forum and the Vice Governor of the Hungarian National Bank [1] - **Reader Reception** - Attendees at the book fair praised the book for its detailed content and profound insights, stating it provides important references for understanding China's modernization path and its implications for global opportunities [3] - Readers expressed that the book enhances understanding of China's high-quality economic development during the 14th Five-Year Plan period and the transformation paths of various industries driven by technological advancements [3] - **Key Themes** - The book discusses China's commitment to a unique modernization path that emphasizes common prosperity and harmonious development between material and spiritual civilization [6] - It highlights China's leadership in renewable energy, particularly in wind and solar power, and its role in global climate governance through green technology cooperation [6] - A notable anecdote in the book illustrates the advancements in China's logistics, showcasing the economic vitality and development of the transportation sector [6] - **Cultural Exchange** - The 2025 Riyadh International Book Fair, held from October 2 to 11, celebrates the 35th anniversary of China-Saudi Arabia diplomatic relations and the first China-Saudi cultural year, featuring over a thousand quality books and high-level cultural exchange activities [7] - The event aims to promote the development of bilateral relations and introduce China's development philosophy and achievements to the international community [7]

Group 1 - The 20th Central Committee's Fourth Plenary Session will be held in Beijing from October 20 to 23, signaling strong confidence in China's economic development under Xi Jinping's economic thought [1] - Since the 18th National Congress, China's economy has maintained strategic stability and high-quality development, achieving a GDP growth from 54 trillion yuan to nearly 135 trillion yuan from 2012 to 2024, with an average annual growth rate of 6% [2][3] - The transformation of development concepts has led to higher quality economic growth, with the International Monetary Fund (IMF) indicating a shift towards a more balanced and sustainable growth model [2] Group 2 - The supply and demand sides of China's economy have undergone profound changes, with innovation becoming the primary driving force, and domestic consumption expected to contribute approximately 63% to economic growth during the 14th Five-Year Plan period [3][4] - China's global innovation index ranking has improved significantly, moving from 34th in 2012 to 10th in 2025, with a notable increase in patent applications [3][4] - The rural population's income growth has outpaced that of urban residents, with nearly 100 million rural poor lifted out of poverty, showcasing effective regional development strategies [4][5] Group 3 - China's openness has increased, with the country becoming a major trading partner for over 150 countries, maintaining the world's largest goods trade volume [5][6] - The economic structure has shifted, with the proportion of GDP from the service sector rising, indicating a transition towards a more service-oriented economy [6][7] - The contribution of consumption to economic growth is expected to rise, while investment's contribution is projected to decrease to below 28% [3][4] Group 4 - The Chinese economy is expected to provide new opportunities for many countries, enhancing global economic stability and cooperation [6][7] - The focus on improving people's livelihoods has led to increased public safety and overall living standards, with life expectancy projected to reach 79 years by 2024 [6][7] - The government continues to prioritize social welfare, with significant investments in education, healthcare, and social security systems [6][7] Group 5 - China's economic transformation presents significant investment opportunities, particularly in traditional industries transitioning to high-end, intelligent, and green production [16][17] - The country is fostering innovation and talent, with substantial investments in research and development, positioning itself as a leader in global technology [17][18] - The expansion of consumer markets and infrastructure development is expected to create vast opportunities for both domestic and foreign investors [18][19]

《 人民日报 》（ 2025年10月04日 02 版） 相关新闻： 当今世界变乱交织，发展环境动荡不安，确定性日益成为全球的稀缺资源。习近平总书记指出，面 对复杂的外部环境，要坚定信心，坚定不移办好自己的事，坚定不移扩大高水平对外开放，着力稳就 业、稳企业、稳市场、稳预期，以高质量发展的确定性应对各种不确定性。乱云飞渡仍从容，近年来我 国经济运行顶住压力、稳中有进，高质量发展取得新成效，中国式现代化建设稳步推进，成为世界经济 增长的主要贡献者和稳定锚。 我国发展战略的确定性，确保了中国经济始终保持既定方向。中国式现代化是一程接着一程的砥砺 前行。长期以来，我们党带领全体人民推进现代化建设，通过中长期规划来指导经济社会发展，战略目 标和短期目标相互叠加，坚持一张蓝图绘到底。我国先后制定并实施了14个五年规划（计划），不求毕 其功于一役，而是一茬接着一茬干，芝麻开花节节高。反观一些西方国家，在国家大政方针上摇摆不 定，翻手为云、覆手为雨，甚至开历史的"倒车"：过去是经济全球化的倡导者，现在却奉行本国优先、 自我封闭；过去高调倡导应对全球气候变化，现在却不顾对发展中国家的承诺退出《巴黎协定》。中国 发展战略保持长期 ...

Core Insights - In the first half of 2025, China's GDP reached 66,053.6 billion yuan, reflecting a year-on-year growth of 5.3% at constant prices [1] - The concept of "new normal" was introduced by Xi Jinping in 2014 to clarify the economic phase China was in, following a growth rate of 7.4%, the lowest in 24 years [1] - Xi Jinping emphasized the importance of innovation, coordination, green development, openness, and shared development as key elements for profound changes in China's overall development [1] - The new development pattern proposed by Xi Jinping focuses on domestic circulation as the mainstay, with mutual promotion of domestic and international circulation, leading to high-quality economic development [1] - Since 2025, efforts have been made to develop new productive forces, explore new fields, and strengthen the foundation of the real economy, while promoting characteristic industries and advancing the construction of a unified national market [1]