GDP & Inflation Forecasts - South Korea's Ministry of Economy and Finance lowered 2024 GDP growth forecast to 09% from 18% [1] - South Korea's Ministry of Economy and Finance raised 2024 inflation forecast to 20% from 18% [1] Government Initiatives - South Korea plans to introduce policy initiatives for 30 major AI projects in the second half of the year [1] - South Korea anticipates government budget expenditure in 2026 will be higher than in 2025 [1]

Solana Ecosystem Overview - Solana's trailing twelve months (TTM) GDP stands at $66 billion [1] - Decentralized Exchanges (DEXs) account for approximately 474% of Solana's TTM GDP [1] Leading dApp Performance - Raydium Protocol leads among all applications on Solana, generating ~$18 billion in fees paid by end users [1]

（原标题：智利央行公布智利第二季度GDP） 《金融日报》报道，智利央行公布智利第二季度GDP同比增长3.1%，环比增长 0.4%，增长主要得益于服务业、贸易、采矿业和制造业。截至2025年第二季度，智利 外债总额为2599.96亿美元，达到历史最高水平，相当于2024年智利GDP总量的约 80.5%。 ...

Solana Ecosystem Overview - Solana's trailing twelve months (TTM) GDP is $6.6 billion [1] - Decentralized Exchanges (DEXs) contributed approximately 47.4% to Solana's TTM GDP [1] DEX Contribution - Raydium Protocol is the largest contributor among all applications on Solana [1] - Raydium Protocol generated ~$1.8 billion in fees paid by end users [1]

🌐⛓️ Ethereum's TTM GDP is $7.4B.That is, applications on Ethereum have generated $7.4B in fees (paid by end users) during the past year.Stablecoin issuers account for ~60% of Ethereum's GDP, while lending DAOs account for ~12%. https://t.co/3inYrxsh4P ...

Economic Data and Earnings Reports - Investors are anticipating significant economic data and earnings reports as August concludes, with a focus on companies such as Abercrombie & Fitch, Alibaba, and NVIDIA among others [1] - The week will feature key economic indicators including new home sales, durable goods orders, consumer confidence, jobless claims, pending home sales, GDP updates, and personal income and spending [2][3] Schedule of Key Market Events - The week begins on August 25 with new home sales data, followed by durable goods orders and consumer confidence data on August 26 [2] - August 27 is expected to be quieter with no notable economic data scheduled [3] - On August 28, initial and continuing jobless claims, pending home sales, and GDP updates will be released, leading into a busy August 29 with Core PCE, personal income and spending, and retail and wholesale inventories data [3]

Group 1 - In July, national general public budget revenue showed a significant recovery, with a year-on-year growth of 2.6%, marking the highest monthly growth rate of the year [1] - For the first seven months, the total general public budget revenue reached 135,839 billion yuan, with a year-on-year growth of 0.1%, indicating a positive turnaround compared to the previous period [1] - Tax revenue in July increased by 5%, the highest growth rate of the year, contributing to a significant narrowing of the revenue decline in the first seven months [2] Group 2 - The corporate income tax decreased by 0.4% in the first seven months, but the decline was significantly narrowed by 1.5 percentage points compared to the first half of the year, which was a key factor in the growth of tax revenue in July [2] - The growth in tax revenue in July was supported by a narrowing decline in the Producer Price Index (PPI), highlighting the strong correlation between price factors and tax revenue [2] - The securities transaction stamp duty saw a remarkable year-on-year growth of 62.5% in the first seven months, reflecting a recovery in market confidence [2] Group 3 - The equipment manufacturing and modern service industries showed strong tax revenue performance, with specific sectors like railway, shipbuilding, and aerospace equipment seeing tax revenue growth of 33% [3] - General public budget expenditure for the first seven months reached 160,737 billion yuan, with a year-on-year growth of 3.4%, maintaining a focus on social welfare spending [3] - Expenditure in social security and employment grew by 9.8%, indicating a continued emphasis on improving public welfare [3] Group 4 - Local government special bonds and other financial instruments contributed to a government fund budget expenditure growth of 31.7% in the first seven months, amounting to 2.89 trillion yuan [4] - With the reduction of disruptions from extreme weather, infrastructure investment growth is expected to rebound in the second half of the year due to sufficient project and funding support [4]

GDP & Economic Outlook - Private consumption historically represented 70% of GDP growth, but in 2025, AI spending is projected to contribute the same amount [1] - The US GDP growth is anticipated to slow to 1-1.5% in the first half of the year and 1% in the second half [2] - Markets are looking beyond a potential US slowdown this year, anticipating growth from tech and innovation next year [3] AI & Tech Investment - AI companies are fairly valued versus growth when looking at PEG ratios [4] - Concerns exist regarding the economy's reliance on AI and capex spending, as this spending could be turned off more easily than consumer spending [5] - Infrastructure growth, including data centers, power grids, and chips, is necessary to support AI development [6][7] - Digital services exports are growing exponentially and now account for 40% of global exports [7] - Current capex and infrastructure investments are primarily funded by strong cash flows, unlike the overleveraged situations in the past [8][9] Market Strategy - The industry expects a broadening out of investment opportunities to other sectors next year [10] - The industry is currently overweighting tech and communications due to their growth prospects [10]

Group 1 - The article provides a forward-looking analysis of global economic events and data releases for the upcoming week, focusing on the potential for the Reserve Bank of New Zealand to restart interest rate cuts and the highly anticipated Jackson Hole global central bank conference [1] - Key economic indicators to watch include US housing market data, Canadian CPI, UK and Eurozone CPI, Federal Reserve meeting minutes, global PMI data, and German GDP along with UK retail sales [1] Group 2 - On Monday and Tuesday, the US housing market data will be released, including the NAHB housing market index and July new housing starts and building permits, indicating resilience in the US residential construction sector despite high interest rates and economic uncertainty [3] - The Canadian CPI for July will also be released, with market expectations suggesting the Bank of Canada may maintain a pause on interest rate cuts, potentially lowering rates to 2.25% by year-end [3] Group 3 - On Wednesday, the Reserve Bank of New Zealand is expected to announce a 25 basis point interest rate cut due to weak labor market data and low inflation expectations, following a significant rate reduction of 225 basis points since last August [5] - The UK and Eurozone CPI reports will be closely monitored, with the UK CPI unexpectedly rising to its highest level in over a year, which may influence the Bank of England's future decisions [5] Group 4 - On Thursday, the Federal Reserve will release its meeting minutes, providing insights into the Fed's stance on interest rate cuts, while the Jackson Hole global central bank conference will feature key speeches, including one from Fed Chair Powell [6][7] - Initial PMI data for August will be released, with a focus on manufacturing and services sectors across various countries, indicating potential economic expansion or contraction [6] Group 5 - On Friday, attention will turn to Germany's second-quarter GDP final value, which is expected to confirm a 0.1% contraction, alongside retail sales data from the UK and Canada [9] - The UK retail sales for July are anticipated to show a continuation of the rebound seen in the previous month, driven by seasonal factors [9]

Core Insights - In Q2 2025, Qinghai Province's GDP reached 187.568 billion yuan, accounting for 0.28% of the national GDP, a decrease of 0.01 percentage points compared to the same period last year [1] - The cumulative year-on-year growth of GDP, calculated at constant prices, was 4% [1] - The value added by the three major industries in Q2 2025 was 5.695 billion yuan, 80.813 billion yuan, and 101.06 billion yuan, representing 3%, 43.1%, and 53.9% of GDP respectively [1] - The per capita GDP in Qinghai Province was 31,600 yuan, an increase of 1,200 yuan compared to the same period last year [1] - The year-on-year growth rates for the three major industries, calculated at constant prices, were 5.4%, 4.8%, and 3.3% respectively [1]