本报讯（西海新闻记者 范程程）1月19日，由青海省商务厅主办的2026年全省促消费活动在西宁启动。 今年，全省促消费活动将按照"1+9+N"总体框架展开，计划举办各类消费促进活动400场次以上，较 2025年大幅增加。 青海各市（州）、县（区）商务等部门将结合本地特色，开展200场以上区域消费促进活动。各类经营 主体将借助季节时令、节日假期、体育赛事、文艺演出、旅游出行等消费热点载体，开展200场以上打 折让利、满减赠礼等促消费活动。 为深入贯彻党的二十届四中全会、中央经济工作会议"扩大内需、提振消费"决策部署，全面落实省委、 省政府"以开局即决战、起步即冲刺的姿态，奋力实现一季度开门红"工作安排，省商务厅提前谋划、精 心布局，制定《2026年青海省消费促进活动方案》，发布2026年全省促消费活动安排，相关部门、地 区、金融机构及商贸企业代表分别发布年度促消费活动。2026年，全省促消费活动将按照"1+9+N"总体 框架："1"是指全省促消费活动启动会，"9"是指9个省级消费促进活动主题，"N"是指市（州）、县 （区）相关部门和商协会、金融机构、企业等配套开展的系列消费促进活动。 省级层面，将重点围绕九大主题 ...

李强强调，要深入贯彻落实中央"十五五"规划建议和中央经济工作会议的部署要求，以高质量发展的确定性应对 发展环境的不确定性。要突出高质量发展的目标引领，实施更加积极的财政政策和适度宽松的货币政策，注重各 类政策组合发力，强化改革举措与宏观政策协同，在质的有效提升上取得更大突破。要拓宽高质量发展的实现路 径，强化创新驱动，深化改革开放，把发展的战略基点放在扩大内需上，不断增强发展的内生动力。要在推动高 质量发展中切实保障和改善民生，坚持惠民生和促消费、投资于物和投资于人紧密结合，培育新的经济增长点， 持续增进民生福祉。 新华社北京1月19日电 中共中央政治局常委、国务院总理李强1月19日下午主持召开专家、企业家和教科文卫体 等领域代表座谈会，听取对《政府工作报告》和《"十五五"规划纲要（草案）》两个征求意见稿的意见建议。 座谈会上，明明、贺佳、闫俊杰、张智刚、龚旗煌、余晓晖、王拥军、周莉亚、石宇奇等先后发言。大家认为， 去年是很不平凡的一年，面对复杂严峻的外部形势，我们国家加大逆周期调节力度，在稳增长、调结构、惠民生 等方面推出很多务实举措，发展中的积极因素不断积累，要素流动持续活跃，市场信心明显增强，取得的成绩 ...

Economic Growth Overview - In 2025, China's GDP grew by 5% year-on-year, surpassing 140 trillion yuan for the first time, with per capita GDP rising from $10,632 in 2020 to $13,953 in 2025, maintaining above $13,000 for three consecutive years [2][10] - The average annual GDP growth rate during the 14th Five-Year Plan period was 5.4%, significantly higher than the global average, marking a consistent increase in GDP total [4] K-shaped Growth Characteristics - The Chinese economy is exhibiting a "K" shaped growth pattern, with strong performance in sectors like equipment manufacturing and high-tech industries, while some enterprises remain cautious about market expectations [2][7] - Quarterly GDP growth rates showed a declining trend throughout 2025, indicating potential underlying issues in demand and economic momentum [7][8] Consumption and Investment Trends - In 2025, the total retail sales of consumer goods exceeded 50 trillion yuan, with a year-on-year growth of 3.7%, contributing 52% to economic growth, an increase of 5 percentage points from the previous year [5][6] - Fixed asset investment saw a decline of 3.8% year-on-year, highlighting challenges in sustaining investment growth [8] Innovation and High-tech Sector Performance - R&D expenditure intensity reached 2.8%, surpassing the OECD average for the first time, and China's innovation index ranked among the top ten globally [5] - The production of high-tech products, such as 3D printing equipment and industrial robots, saw significant growth, indicating a robust high-tech sector [5] Future Economic Projections - Experts suggest maintaining a GDP growth target of around 5% for 2026 to support the long-term goal of reaching a per capita GDP of $20,000 by 2035 [3][11] - The potential economic growth rate is projected to decline to around 4.2% by 2030, emphasizing the need for effective policy measures to manage economic transitions [12]

Core Viewpoint - Shanghai's "15th Five-Year Plan" emphasizes high-quality development and the construction of five key centers to enhance its global economic and competitive standing [1][4]. Group 1: Economic Development Goals - The main goals of Shanghai's economic and social development include significant achievements in high-quality development, new advancements in urban core functions, breakthroughs in high-level reform and opening up, and improvements in social civilization [4]. - The plan highlights the importance of domestic demand as a primary driver of economic growth, with a focus on enhancing the international consumption center [4][5]. Group 2: Service Industry and Consumption - Shanghai aims to expand service consumption, particularly in cultural, tourism, sports, and health sectors, while promoting innovative consumption models and enhancing the quality of service supply [5][6]. - Recent policies emphasize the integration of service industry development with consumption growth, aiming to shift from scale expansion to value enhancement in the service sector [7]. Group 3: Trade and Global Positioning - The plan outlines strategies to strengthen Shanghai's role as a global trade hub, including optimizing trade structures and enhancing service trade capabilities [8][9]. - Shanghai's foreign trade statistics indicate a significant increase, with total foreign trade reaching 4.51 trillion yuan in 2025, a year-on-year growth of 5.6%, and exports growing by 10.8% [9][10]. Group 4: Shipping and Logistics - The "15th Five-Year Plan" includes initiatives to solidify Shanghai's status as a global shipping hub, focusing on modern shipping services and digital transformation [11]. - Plans to develop a world-class shipping exchange and enhance maritime services are part of the strategy to support the international trade center [11].

Core Viewpoint - In 2025, China's economy is expected to achieve its annual GDP growth target of 5.0%, with a quarterly growth rate of 4.5% in Q4, reflecting a slight decline due to base effects. The economy exhibits dual differentiation, characterized by a strong industrial production but structural mismatches in capacity and demand, as well as a resilient external demand contrasted with sluggish internal demand [2][4][5]. Economic Structure and Performance - The economic structure continues to show differentiation, with emerging forces performing well during the transition period. Industrial production in December reversed previous slowdowns, driven by high-end manufacturing and green transformation, while the service sector's production index grew by 5.0% year-on-year [2][7][9]. - The investment sector remains under pressure due to funding constraints, insufficient project reserves, and weak demand, with fixed asset investment declining by 3.8% year-on-year [6][23][25]. Supply and Demand Dynamics - There is a persistent contradiction between supply and demand, with industrial production showing strong supply but weak demand. The sales rate of industrial products in December was 98.2%, down 0.7 percentage points year-on-year, indicating that production expansion is outpacing demand recovery [5][8]. - External demand remains robust due to optimized export structures, while internal demand is constrained by slow recovery in consumption and investment. In 2025, cumulative year-on-year growth rates for investment, consumption, and exports were -3.8%, 3.7%, and 5.5%, respectively [6][12]. Policy Focus - The next phase of policy will focus on expanding domestic demand, enhancing consumption quality, and effective investment. This includes promoting the replacement of old consumer goods, supporting new growth points in service consumption, and increasing investment in new infrastructure and equipment updates [7][22]. Consumer Behavior and Trends - In Q4, retail sales of consumer goods showed steady growth for the year but faced year-end pressure, with a 0.9% year-on-year increase in December. Rural consumption outperformed urban consumption, with rural retail sales growing by 4.1% for the year [13][14][18]. - Online consumption remains a stable growth driver, with a year-on-year increase of 8.6% in 2025, significantly higher than the overall retail growth [14][19]. Investment Landscape - Investment continues to face challenges, with fixed asset investment in December showing a year-on-year decline of 15.1%. The real estate sector remains sluggish, with new construction and completion areas decreasing significantly [23][26]. - Manufacturing investment is hindered by weak demand and profit pressures, while infrastructure investment is constrained by funding shortages and insufficient project availability [25][27].

Group 1 - Premier Li Qiang emphasized the need for a more proactive fiscal policy and moderately loose monetary policy to enhance domestic demand and drive high-quality development [1] - The International Monetary Fund (IMF) raised China's economic growth forecast for 2025 by 0.2 percentage points to 5%, indicating significant resilience despite multiple challenges [7][8] - The number of stocks priced over 100 yuan in the A-share market reached a historical high of 222, with notable technology companies dominating the list [5] Group 2 - The Supreme People's Procuratorate announced a crackdown on financial fraud and market manipulation to ensure the safety of the capital market [4] - The commercial aerospace sector is gaining attention, with successful satellite launches and expectations of industry growth driven by policy support and technological advancements [10] - Positive announcements include Pingzhi Information winning a 4.89 billion yuan computing project, while negative announcements involve Western Gold's major shareholder reducing its stake by 1% [11][16]

Group 1 - The core viewpoint of the article emphasizes the importance of high-quality development in response to uncertain external conditions, highlighting the need for proactive fiscal and monetary policies [2][3] - The meeting discussed the achievements of the past year, noting the resilience and vitality of the economy despite external challenges, and the importance of maintaining market confidence [1][2] - The article mentions the necessity of expanding domestic demand as a strategic focus for development, aiming to enhance internal driving forces for economic growth [3] Group 2 - The article outlines the government's commitment to soliciting opinions on the "Government Work Report" and the "14th Five-Year Plan" draft from various sectors, indicating a collaborative approach to policy formulation [4] - It highlights the role of experts and entrepreneurs in providing feedback on economic and social development, which is crucial for achieving high-quality growth [1][3] - The article reflects on the need for continuous improvement in people's livelihoods and the integration of consumer and investment policies to foster new economic growth points [3]

21世纪经济报道记者 周潇枭 北京报道 1月19日，国家统计局发布2025年全年经济数据。 （国新办发布会现场图，拍摄：周潇枭） 初步核算，全年国内生产总值140.19万亿元，按不变价格计算，比上年增长5.0%。分季度看，一季度国内生产总值同比增长 5.4%，二季度增长5.2%，三季度增长4.8%，四季度增长4.5%。 在全球需求偏弱、外部不利影响加深等背景下，2025年我国经济同比增长5%，顺利完成年初5%左右的增长目标，充分展示我国 经济发展的韧性和活力。与此同时，我国经济结构在不断优化升级，高新技术产业保持较快增长；内需潜力不断释放，文旅、 赛事等服务消费多点开花。多项宏观政策已经靠前发力，旨在推动2026年一季度实现良好开局。 1月19日，国家统计局局长康义在国新办发布会上表示，国务院常务会议部署实施财政金融协同促内需的一揽子政策，有关部门 加快贯彻落实，推进扩大内需；"两新"政策不断优化，首批资金已经提前下达，这些都为2026年经济起步创造了有利条件。 迈上140万亿元新台阶 2025年，我国国内生产总值首次跃上140万亿元新台阶，比上年增长5.0%；城镇调查失业率平均值是5.2%，就业保持总体稳定 ...

Core Viewpoint - The meeting highlighted the importance of implementing high-quality development strategies in response to the uncertain external environment, emphasizing the need for proactive fiscal and monetary policies to enhance domestic demand and improve living standards [2][3]. Group 1: Economic Performance and Outlook - The past year was marked by significant challenges, yet the country managed to implement effective counter-cyclical measures, leading to improved market confidence and economic resilience [1]. - The government aims to maintain a positive economic trajectory despite ongoing uncertainties and challenges, with a focus on high-quality development as a long-term goal [2]. Group 2: Policy Recommendations - Emphasis on high-quality development as a guiding principle, with a call for a combination of proactive fiscal policies and moderately loose monetary policies to achieve substantial improvements [3]. - The need to strengthen innovation and deepen reform and opening-up, with a strategic focus on expanding domestic demand to enhance internal growth drivers [3]. Group 3: Social Welfare and Development - The government plans to integrate social welfare improvements with consumption and investment strategies, aiming to cultivate new economic growth points and enhance the well-being of the population [3].

Core Viewpoint - Shanghai aims to strengthen its role as a "key node in the global city network" during a period of globalization headwinds by enhancing domestic consumption and service engines while improving its discourse power in trade and shipping rules [1][2] Economic Development Goals - The "15th Five-Year Plan" outlines major goals for Shanghai's economic and social development, emphasizing high-quality development, new leaps in urban core functions, breakthroughs in high-level reform and opening up, and significant improvements in social civilization [3] - The plan highlights the importance of building an international consumption center and enhancing domestic demand as the main driver of economic growth [3] Service Sector Expansion - Shanghai plans to expand service consumption, focusing on cultural, tourism, sports, and health services, while promoting green and smart consumption [4] - The city encourages innovation in consumption models and formats, integrating online and offline consumption, and enhancing the international influence of large consumption events [4] Policy Measures - Recent policies include the "Measures to Promote the Quality Improvement and Consumption Expansion of the Service Industry," which proposes 28 initiatives aimed at optimizing supply and expanding consumption [5] - The focus is on quality competition in the service sector, shifting from scale expansion to value enhancement [5][6] Trade and Shipping Enhancements - Shanghai's "15th Five-Year Plan" emphasizes the enhancement of trade hub functions and the optimization of trade structures, aiming to strengthen global supply chain management [7][8] - The city plans to promote high-value product exports and develop knowledge-intensive service trade, including cultural and technical trade [7] Foreign Trade Performance - In 2025, Shanghai's foreign trade is projected to reach 4.51 trillion yuan, with exports growing by 10.8% and imports by 1.8%, outperforming national averages [8] - The export of high-end manufacturing products, particularly electric vehicles and industrial robots, has shown significant growth, indicating a shift towards "Shanghai Intelligent Manufacturing" [9] Maritime and Shipping Development - Shanghai aims to solidify its position as a global maritime hub by developing modern shipping services and promoting digital and green transformations in the shipping industry [9] - Plans include establishing a world-class shipping exchange and enhancing the global service network of shipping insurance institutions [9]