南都讯 记者杨文君 发自北京 10月31日，国家发展改革委召开10月份新闻发布会，委政策研究室副主 任、新闻发言人李超介绍了前三季度的经济运行态势。 据李超介绍，前三季度经济运行态势的一个特点是质效提升。治理无序竞争成效逐步显现，重点产品价 格、企业效益等指标都有所改善。多晶硅、硅片、碳酸锂等产品价格明显回升；前三季度，规模以上工 业企业利润同比增长3.2%，9月份单月同比增长21.6%。 "前三季度的成绩为顺利完成全年目标任务打下了坚实基础。最近我们也看到，一些国际经济组织纷纷 调高对我国经济增速的预期，比如，国际货币基金组织、世界银行10月最新预测都将我国2025年经济增 速较4月预测大幅调高0.8个百分点。下一步，国家发展改革委将会同有关部门，加强常态化政策预研储 备并视情及时出台实施。随着各项政策效应持续落地见效，我们有信心有能力实现全年经济社会发展目 标任务。"李超说。 李超表示，前三季度，各地区各部门坚决落实党中央和国务院决策部署，着力稳就业、稳企业、稳市 场、稳预期，我国经济运行顶住压力、稳中有进。 国家发展改革委政策研究室副主任、新闻发言人李超。 ...

北京商报讯（记者 和岳）10月31日，国家发展改革委政策研究室副主任李超在新闻发布会上表示，前 三季度，我国经济运行顶住压力，稳中有进，治理无序竞争成效逐渐显现，重点产品价格、企业效益等 指标都有所改善。多晶硅、硅片、碳酸锂等产品的价格明显提升。前三季度规模以上工业企业利润同比 增长3.2%。 ...

人民财讯10月31日电，10月31日，国家发展改革委政策研究室副主任李超在新闻发布会上表示，前三季 度，我国经济运行顶住压力，稳中有进，治理无序竞争成效逐渐显现，重点产品价格、企业效益等指标 都有所改善。多晶硅、硅片、碳酸锂等产品的价格明显提升。前三季度规模以上工业企业利润同比增长 3.2%。 ...

Core Economic Policy - The Chinese government emphasizes the need for counter-cyclical adjustments and the continuous implementation of macroeconomic policies to enhance development momentum [1][3] - There is an expectation for new incremental measures in Q4, focusing on fiscal stimulus, interest rate cuts, and stronger support for the real estate market [1][3] Domestic Demand Expansion - Expanding domestic demand remains crucial for stabilizing growth, with efforts to enhance consumer spending and effective investment [4] - Recent data shows a decline in domestic demand indicators, with retail sales growth at 3.4% in August, the lowest this year [4] - The issuance of 400 billion yuan in long-term special bonds aims to support key projects and stimulate domestic demand [4] Foreign Trade and Investment - The government aims to stabilize foreign trade and investment by diversifying markets and enhancing overseas service systems [5] - In the first three quarters, China's total goods trade reached 33.61 trillion yuan, with a year-on-year growth of 4% [5] - September saw a significant increase in trade value, reaching 4.04 trillion yuan, marking the highest monthly growth rate this year [5] Industry Competition Governance - The government is focused on creating a favorable industrial ecosystem by addressing irrational competition and promoting cooperation among businesses [6] - Recent initiatives include the release of industry-specific growth plans to strengthen governance and regulate competition [6] - The National Development and Reform Commission has issued guidelines to maintain fair market pricing and competition [6] Industry Performance Improvement - Recent statistics indicate improvements in industry profits and pricing, with raw material manufacturing profits rising by 22.1% year-on-year from January to August [7] - The steel industry has returned to profitability, and the Producer Price Index (PPI) has shown signs of stabilization [7]

Economic Overview - GDP growth for the first half of 2025 was 5.3%, exceeding the annual target, with the meeting noting "major economic indicators performing well" [1] - The IMF projects global economic growth to slow from 3.3% last year to 3% this year, posing external challenges to China's economy [1] Policy Direction - The meeting emphasized maintaining policy continuity and stability, with a focus on "steady employment, enterprises, markets, and expectations" [2] - No mention of "incremental policies," indicating a preference for stability over aggressive new measures [2] Fiscal and Monetary Policy - The focus is on effective execution of existing policies, including accelerating government bond issuance and improving fund utilization efficiency [3] - The fiscal deficit rate is set at 4%, the highest in history, with limited likelihood of additional fiscal tools being introduced this year [3] Consumer Spending - The meeting highlighted the importance of boosting consumption, with initiatives like a 300 billion yuan fund for trade-in programs and 138 billion yuan allocated for the third and fourth quarters [4] - Emphasis on both goods and service consumption to stimulate domestic demand [4] Market Stability - The meeting reiterated the need to stabilize foreign trade and investment, particularly in light of high tariffs imposed by the U.S. [6] - The external trade environment remains challenging, with potential tariff increases on exports to the U.S. [6] Real Estate and Capital Markets - Focus on high-quality urban renewal projects, with attention to potential policy changes in major cities regarding housing market restrictions [7] - The capital market is expected to maintain a stable upward trend, with continued support for equity markets [7] Investment Strategy - The report suggests that due to reduced likelihood of aggressive macro policy adjustments, funds may shift towards safer assets, with a focus on sectors like consumption and technology [7] - The consumption sector is anticipated to experience a rebound following recent policy announcements [7] Debt Market Outlook - The monetary policy stance remains unchanged, with a low probability of broad-based interest rate cuts, but potential targeted measures if new risks arise [8] - The bond market is expected to face limited risks, with conditions favorable for yield declines [8]