Economic Overview - In 2025, China's GDP reached 140,187.9 billion yuan, marking a 5% increase from the previous year, showcasing a stable and resilient economic growth trajectory [1][2] - The "14th Five-Year Plan" period saw China's economy achieve significant milestones, with GDP surpassing 110 trillion, 120 trillion, 130 trillion, and finally 140 trillion yuan [1] Economic Stability and Growth - The year 2025 is characterized by stability in economic metrics such as total GDP, employment, and foreign trade, with a notable increase in goods trade and foreign exchange reserves exceeding 3.3 trillion USD [2][3] - High-tech manufacturing's value added accounted for 17.1% of industrial output, and final consumption contributed over 50% to economic growth, indicating a shift towards a more optimized economic structure [2] Trade and Innovation - China's exports of high-tech products grew by 13.2% in 2025, with total goods imports and exports increasing by 3.8%, and exports alone rising by 6.1% [3] - Research and development expenditure reached 2.8% of GDP, surpassing the OECD average for the first time, and China's innovation index entered the global top ten [3] Social Welfare and Employment - The average disposable income per capita for residents was 43,377 yuan, reflecting a 5% real growth, with rural incomes growing even faster at 6% [5] - The urban unemployment rate remained stable at an average of 5.2%, with the total number of migrant workers reaching 30.115 million, an increase of 0.5% from the previous year [4][5] Urbanization and Education - By the end of 2025, the urbanization rate in China reached 67.89%, with the average education level for the population aged 16-59 increasing to 11.3 years [6] Future Outlook - Despite external challenges, the foundation for China's economic growth remains strong, with expectations for continued stability and opportunities in 2026 [6][7]

2025年度四川民生调查主要数据出炉 1月19日，国家统计局四川调查总队召开2025年度四川民生调查数据新闻发布会。记者从会上获悉， 2025年，四川坚持稳中求进工作总基调，深入实施"四化同步、城乡融合、五区共兴"发展战略，民生经 济运行稳中有进。 粮食稳定增产 各地压实耕地保护和粮食安全责任，以建设新时代更高水平"天府粮仓"为引领，坚持稳面积、增单产两 手发力，全年粮食稳定增产。全年全省粮食总产量3662.5万吨，比上年增加28.7万吨，增长0.8%；粮食 播种面积9618.5万亩，比上年增加9.7万亩，增长0.1%；粮食单产380.8公斤/亩，比上年提高2.6公斤/ 亩，增长0.7%。 全年全省猪牛羊禽肉总产量666.9万吨，比上年增加21.1万吨，增长3.3%。其中，猪肉产量502.0万吨， 增长4.7%；牛肉产量39.0万吨，增长5.1%；羊肉产量20.8万吨，下降9.4%；禽肉产量105.1万吨，下降 1.1%。全年全省生猪出栏6248.0万头，比上年增长1.6%；年末生猪存栏3582.1万头，比上年下降1.7%。 居民收入持续增长 全年全省居民人均可支配收入36120元，比上年名义增长5.2%，扣 ...

(经济观察)"暖"数据传递中国民生保障温度 中新社北京1月19日电 (记者 刘亮)19日发布的统计数据显示，2025年中国国内生产总值(GDP)比上年增 长5%。在这份来之不易的"成绩单"背后，就业、收入等领域的关键数据传递出中国民生保障温度。 一是就业形势总体稳定，城镇调查失业率平稳。 2025年，中国城镇调查失业率平均值为5.2%，低于5.5%左右的预期目标。全年31个大城市失业率平均 值为5.1%，与上年持平，较全国城镇整体水平低0.1个百分点。大城市失业率走势平稳，峰值较上年下 降0.1个百分点，全年保持在5.0%至5.3%之间。 主体劳动力失业率保持较低水平。2025年，城镇30—59岁劳动力失业率平均值为4.0%，低于全国城镇 整体水平1.2个百分点，30—59岁劳动力占中国城镇劳动力总量比重近八成，相关人群就业稳是保障整 体就业形势平稳的重要基础。农民工就业也保持平稳，城镇外来农业户籍劳动力失业率年平均值为 4.7%，11、12月降至4.4%的年内最低水平，与上年同期相比分别为持平、下降0.1个百分点。 就业市场的总体稳定，离不开政策有力引导。国家统计局人口和就业统计司司长王萍萍介绍，2025年 ...

全年31个大城市失业率平均值为5.1%，与上年持平，较全国城镇整体水平低0.1个百分点。大城市失业 率走势平稳，峰值较上年下降0.1个百分点，全年保持在5.0%—5.3%之间。 2025年，各地区各部门深入贯彻落实党中央、国务院关于高质量充分就业的决策部署，进一步加大稳就 业政策支持力度，强化重点群体就业服务，就业形势总体稳定。 一、城镇调查失业率总体稳定 2025年，全国城镇调查失业率平均值为5.2%，低于5.5%左右的预期目标。分季度看，一季度受冬季及 春节假期因素影响，2月份失业率升至全年最高的5.4%，3月份随着节后用工逐步恢复，失业率回落至 5.2%。二季度劳动力市场活跃度继续提升，失业率降至5.0%—5.1%的较低水平。三季度受毕业季因素 影响，7、8月份失业率升至5.2%、5.3%，9月份回落至5.2%。四季度，10月份失业率继续降至5.1%， 11、12月份稳定在5.1%。全年来看，个别月份受季节性因素影响失业率有所上升，多数月份保持在 5.2%及以下，就业稳的态势巩固延续。 二、主体劳动力失业率保持较低水平 2025年，城镇30—59岁劳动力失业率平均值为4.0%，低于全国城镇整体水平1.2 ...

Group 1 - The average urban survey unemployment rate in China from January to November is 5.2% [1] - In November, the urban survey unemployment rate remains at 5.1%, unchanged from the previous month [1] - The unemployment rate for local registered labor is 5.3%, while the rate for migrant labor is 4.7%, with agricultural migrant labor at 4.4% [1] Group 2 - The urban survey unemployment rate in 31 major cities is 5.1%, consistent with the previous month [1] - The average weekly working hours for employed persons in the country is 48.6 hours [1]

经济合作与发展组织(OECD)2日发布报告指出，关税尚未对全球经济造成显著冲击，但警告其全面影响 可能仍未显现。 该报告称："更高关税税率的影响尚未在美国经济中完全体现。"报告提到，"美国受关税影响的进口商 品价值大幅下降，这表明关税正对需求产生作用，且随着已宣布的关税政策全面生效，将继续对贸易额 构成压力。" 美媒：美关税政策影响逐步显现 企业焦虑情绪明显升温 中新网12月3日电 据美国消费者新闻与商业频道(CNBC)报道，企业高管及经济预测机构近期表态称， 特朗普政府旨在通过关税政策促使海外制造业岗位回流美国的举措，最终反而可能导致国内就业岗位减 少。 报道称，当前美国劳动力市场本就处于"不裁员、不招聘"的疲软状态，外界愈发担忧美国加征进口关税 将推高企业运营成本，迫使企业开始削减员工规模。 例如，在供应管理协会(ISM)11月制造业调查的受访者中，焦虑情绪明显升温。一位交通设备行业高管 表示，受关税环境影响，他们正启动更多永久性调整，包括裁员、向股东发布新指引以及拓展更多海外 制造业产能等。 数据显示，ISM制造业指数进一步跌入显示商业环境恶化的区间。该指数总体读数是48.2%，低于50% 的临界值即表 ...

Core Viewpoint - The national economy in October maintained overall stability, with steady progress in transformation and upgrading, and the growth of new driving forces continues to strengthen [2][11]. Group 1: Industrial Production - In October, the industrial added value above designated size increased by 4.9% year-on-year and 0.17% month-on-month. The mining industry grew by 4.5%, manufacturing by 4.9%, and electricity, heat, gas, and water production and supply by 5.4% [3]. - The equipment manufacturing industry saw an 8.0% year-on-year increase, while high-tech manufacturing grew by 7.2%, both outpacing the overall industrial growth [3]. - From January to October, the industrial added value increased by 6.1% year-on-year, with a profit total of 53,732 billion yuan for industrial enterprises, reflecting a 3.2% increase [3]. Group 2: Service Sector - The service production index rose by 4.6% year-on-year in October, with significant growth in information transmission, software, and IT services (13.0%), leasing and business services (8.2%), and finance (5.6%) [4]. - For the first ten months, the service production index increased by 5.7%, and the revenue of service enterprises above designated size grew by 7.6% year-on-year [4]. Group 3: Market Sales - In October, the total retail sales of consumer goods reached 46,291 billion yuan, marking a 2.9% year-on-year increase [5]. - Online retail sales amounted to 127,916 billion yuan, with a year-on-year growth of 9.6%, and physical goods online retail accounted for 25.2% of total retail sales [5]. Group 4: Fixed Asset Investment - From January to October, fixed asset investment (excluding rural households) totaled 408,914 billion yuan, down 1.7% year-on-year, while manufacturing investment grew by 2.7% [7]. - Infrastructure investment decreased by 0.1%, and real estate development investment fell by 14.7% [7]. Group 5: Trade and Employment - In October, the total value of goods imports and exports was 37,028 billion yuan, with exports declining by 0.8% and imports increasing by 1.4% [8]. - The urban surveyed unemployment rate was 5.1% in October, a decrease of 0.1 percentage points from the previous month [9]. Group 6: Price Trends - The Consumer Price Index (CPI) rose by 0.2% year-on-year in October, reversing a previous decline [10]. - The Producer Price Index (PPI) for industrial producers decreased by 2.1% year-on-year, with a narrowing decline compared to the previous month [10].

Core Insights - The average urban survey unemployment rate in China from January to October is 5.2% [1] - In October, the national urban survey unemployment rate decreased to 5.1%, down by 0.1 percentage points from the previous month [1] - The unemployment rate for local registered labor is 5.3%, while the rate for migrant labor is 4.7%, with agricultural migrant labor at 4.5% [1] - The unemployment rate in 31 major cities is 5.1%, also a decrease of 0.1 percentage points from the previous month [1] - The average weekly working hours for employed persons in the country is 48.4 hours [1]

Core Insights - The overall employment situation in China remains stable, with 10.57 million new urban jobs created from January to September, achieving 88% of the annual target [1] - The urban surveyed unemployment rate in September was 5.2%, a decrease of 0.1 percentage points from the previous month [1] Employment Support Policies - Employment support policies have been strengthened, with a reduction in unemployment insurance rates saving companies 138.4 billion RMB in labor costs [1] - A total of 19.6 billion RMB has been allocated for wage retention subsidies, and 16.6 billion RMB for training and other employment promotion expenditures [1] Targeted Employment Measures - Specific measures have been implemented for key groups, including a "1131" service for unemployed graduates, which includes policy introduction, career guidance, job recommendations, and skills training [1] - Recruitment of "Three Supports and One Assistance" personnel has reached 42,500, exceeding the central government's recruitment plan by over 8,000 [1] Employment Service Activities - A total of 56,000 online and offline recruitment events were organized during the "Hundred Days and Millions" special recruitment campaign, with nearly 17 million job postings [2] - Innovative recruitment strategies focusing on foreign trade enterprises and college graduates have been developed, along with a policy promotion month to enhance job matching [2]

Summary of Key Points Core Viewpoint - The employment situation in China remains stable, with 10.57 million new urban jobs created from January to September, achieving 88% of the annual target [1] Employment and Social Security - A total of 196 billion yuan has been allocated for job stabilization subsidies, with an additional 166 billion yuan supporting training and employment initiatives [1] - One-time expansion subsidies of 9 billion yuan have been distributed to 140,000 enterprises, benefiting 600,000 college graduates and other youth groups [1] Social Insurance Coverage - As of September 30, the number of participants in basic pension, unemployment, and work injury insurance reached 1.074 billion, 248 million, and 304 million respectively [1] - The total revenue of the three social insurance funds from January to September was 6.69 trillion yuan, while total expenditures amounted to 6.04 trillion yuan, resulting in a cumulative surplus of 9.85 trillion yuan by the end of September [1] - The number of social security cardholders reached 1.39 billion, covering 98.9% of the population, with 1.1 billion individuals using electronic social security cards [1]