Group 1 - The core viewpoint emphasizes that the business sector has withstood various challenges and historical tests, achieving significant progress in key indicators across consumption, foreign trade, foreign investment, and international cooperation, contributing to the successful completion of the "14th Five-Year Plan" [1] Group 2 - The consumption market has solidified its position as a major driver and stabilizer, with the total retail sales expected to exceed 50 trillion yuan this year, reflecting an average annual growth of 5.5% over the past four years [2] Group 3 - China's status as a major economic power has been further consolidated, with high-quality development results evident, as foreign investment absorbed since the beginning of the "14th Five-Year Plan" has surpassed the expected target of 700 billion USD [3] Group 4 - The pace of high-level opening-up has accelerated, with a continuous expansion of win-win cooperation, as the negative list for foreign investment access has been reduced, and all restrictions in the manufacturing sector have been eliminated [4]

Group 1 - In the first half of 2025, Nanyang's total retail sales of consumer goods reached 118.198 billion yuan, ranking second in the province, with a year-on-year growth of 7.0%, exceeding the national average by 2 percentage points [3] - The total import and export volume of goods in Nanyang was 8.38 billion yuan, with exports amounting to 6.8 billion yuan, reflecting an increase of 8.4% [3] - The retail sales of above-limit trade enterprises reached 24.801 billion yuan, growing by 13.0%, and accounting for a 3.6 percentage point increase in the share of total retail sales compared to 2024 [3] Group 2 - Nanyang has implemented the national and provincial policies for replacing old consumer goods with new ones, completing a payout of 410 million yuan, benefiting 746,000 consumers and driving consumption by 4.83 billion yuan [4] - The city launched 55 government consumption subsidy programs totaling 21.4 million yuan, successfully stimulating consumption by 24 million yuan [4] - Nanyang's foreign trade enterprises have actively expanded into diversified markets, with 114 new foreign trade enterprises established [4] Group 3 - The Nanyang Business Bureau aims to focus on "high-quality business development" and prioritize "greater efforts to boost consumption and expand domestic demand" to promote qualitative and reasonable quantitative growth in the business economy [5]

Economic Growth and Consumption - Consumption has contributed approximately 60% to economic growth during the "14th Five-Year Plan" period, highlighting its role as a main engine for growth [1][3] - The total retail sales of consumer goods in China is expected to exceed 50 trillion yuan this year, reflecting strong domestic consumption [2][3] Trade Performance - China's goods trade scale remains the largest globally, with export and import market shares stable at over 14% and 10% respectively [5][6] - The service trade scale ranks second globally, surpassing 1 trillion USD for the first time last year [6] Foreign Investment - China has completed its foreign investment target of 700 billion USD six months ahead of schedule, with actual foreign investment reaching 708.73 billion USD by mid-2023 [8][9] - The negative list for foreign investment access continues to shrink, with all restrictions in the manufacturing sector eliminated [9] Consumption Structure and Innovation - Service consumption has seen rapid growth, with an average annual increase of 9.6% from 2020 to 2024 [3][4] - New consumption models, such as "artificial intelligence + consumption" and "IP + consumption," are emerging as new growth points [3][4] International Trade Relations - The diversification of trade partners is evident, with ASEAN being China's largest trading partner for five consecutive years [7] - The proportion of trade with countries involved in the Belt and Road Initiative is expected to exceed 50% by 2024 [7]

Core Viewpoint - The article emphasizes the significant achievements in China's high-quality business development during the "14th Five-Year Plan" period, highlighting the strong contributions of consumption, foreign trade, and foreign investment to economic growth. Group 1: Consumption - Consumption has become a major engine for economic growth, contributing approximately 60% annually to economic growth during the first four years of the "14th Five-Year Plan" [3][4] - The total retail sales of consumer goods (social retail) in China is expected to exceed 50 trillion yuan this year, with an average annual growth rate of 5.5% over the past four years [2][4] - Service consumption has entered a rapid growth phase, with an average annual growth rate of 9.6% from 2020 to 2024 [4][5] - Innovations in the retail sector and new consumption models, such as AI and IP-driven consumption, are emerging as new growth points [5] Group 2: Foreign Trade - China maintains a leading position in global trade, with export and import market shares stable at over 14% and 10%, respectively [6][7] - The scale of China's goods trade remains the largest globally, with service trade ranking second, surpassing 1 trillion USD for the first time last year [7][8] - The proportion of high-tech products in goods trade is projected to reach 18.2% by 2024, indicating a shift towards more advanced trade [8] Group 3: Foreign Investment - China has achieved its foreign investment target of 700 billion USD six months ahead of schedule, with actual foreign investment reaching 708.73 billion USD by mid-2023 [9][10] - The negative list for foreign investment access continues to shrink, with all restrictions in the manufacturing sector eliminated [10] - China is actively enhancing its open environment and market conditions to attract foreign investment and expand imports [10]

Group 1 - The core viewpoint of the article emphasizes that during the "14th Five-Year Plan" period, China's high-quality development in commerce has made significant progress, with major goals and indicators in consumption, foreign trade, foreign investment, and international cooperation meeting expectations [1][11] Group 2 - China's consumption market remains the second largest globally, with an average annual growth of 5.5% in social retail sales over the past four years, expected to exceed 50 trillion yuan by 2025 [3][13] - The contribution rate of consumption to economic growth has reached over 60%, highlighting its role as a main engine of growth [3][15] Group 3 - China's position as a major trading nation has been further consolidated, with goods trade ranking first globally and stable international market shares of 14% for exports and over 10% for imports [5][17] - The scale of service trade remains second globally, with expectations to surpass 1 trillion USD for the first time in 2024 [18] Group 4 - The quality of foreign investment has improved, with cumulative foreign investment exceeding 700 billion USD since the beginning of the "14th Five-Year Plan," surpassing the expected target [5][22] - The negative list for foreign investment access has been continuously reduced, with all restrictions in the manufacturing sector eliminated [21] Group 5 - The number of free trade pilot zones has effectively played a role, with proactive alignment with international high-standard economic and trade rules [23] - The economic security system has been continuously improved, enhancing the ability to prevent risks and respond to shocks [8][23]