2025年，全国社会消费品零售总额（以下或简称社消零总额）突破50万亿元大关，消费对经济增长的贡 献率达52%。这背后，规模大、活力强的万亿元消费之城，发挥着至关重要的引擎作用。 随着各地2025年经济数据陆续出炉，万亿元消费城市格局也迎来大洗牌：重庆超越上海登顶，北京稳居 第三，成都则超过广州、深圳晋级全国第四、副省级城市第一。 除上述6座城市外，杭州、苏州、武汉及南京，是离万亿元消费目标最近的后备"选手"。 2025年，杭州社消零总额达到9499亿元，同比增长3.8%，距离万亿元只差"临门一脚"。杭州市政府工作 报告提出，2026年，社消零总额力争突破1万亿元，增速5%左右。 而曾在2024年宣布迈入"万亿元消费城市"行列的苏州，统计数据修订后，已暂别这一行列。2025年，苏 州实现社消零总额9092.2亿元，同比增长2.0%，未能跑赢全国（3.7%）和江苏（3.3%）的平均水平。 在江苏刚刚跃升为"消费第一大省"的背景下，苏州能否代表江苏率先迈上万亿元门槛，也再度成为关注 焦点。 "格局"变动 万亿元消费之城，相比GDP万亿元城市更为稀缺。2015年，北京、上海社消零总额率先突破万亿元大 关，2018年 ...

【纠错】 【责任编辑:胡蓉】 2月11日，国务院新闻办公室举行新闻发布会，介绍2026"乐购新春"春节特别活动、保障春节市场供应 有关情况，并答记者问。商务部副部长盛秋平表示，2025年我国社会消费品零售总额首次突破50万亿元 大关，最终消费支出对经济增长的贡献率达52%，比上年提升5个百分点。 新华社音视频部制作 ...

Group 1 - The Zhuhai Municipal Government reported a GDP of 457.31 billion yuan for 2025, with a year-on-year growth of 2.7% [3] - The industrial added value above designated size is expected to grow by 4.1% [3] - Total fixed asset investment is projected to decline by 31.6% [3] - The total retail sales of consumer goods are anticipated to increase by 1.7% [3] - The total foreign trade import and export volume is expected to grow by 3.4% [3] - General public budget revenue is projected to increase by 4% [3] - Per capita disposable income of residents is expected to grow by 3.3% [3]

国家统计局出了权威数据，2025年国内生产总值（GDP）达到140.1879万亿元，如果按照不变价格计算，增长5%。如果按照可变价格计算，有可能有着 一些变化，不过统计局数据表明，2025年我国居民消费价格指数（CPI）基本与2024年上年持平，那么可能以可变价格计算，GDP的增长率变化不大。 1.2025年度我国进出口的贸易额总额达到45.47万亿人民币，增长率为3.8%，对比GDP增长率也显滞后。不过其中也有亮点，在全球贸易形势极其不稳定 的时期，尤其是中美贸易关系紧张的一年中，我国出口仍然达到近27万亿人民币，增长6.1%；进口18.47万亿人民币，增长0.5%，说明我国未来出口的潜 力仍然巨大。 2.2025年度社会消费品零售总额50.12万亿人民币，比上年增长3.7%，对比GDP增长率也显滞后。如果对比居民消费价格指数（CPI）基本与2024年上年持 平的指标分析，基本上社零总额增长还是少了，与经济的稳定增长没有同步前行。 那么在GDP增长5%的前提下，消费明显已经拖后腿了，那么合理推测，2025年的投资，尤其是国家和各省市的直接投资和间接投资增长率是比较高的， 最终将GDP增长率拉升到5%。社会零 ...

Core Viewpoint - The retail sales of consumer goods (社零) across 31 provinces in China for 2025 reflect the spending capacity of these regions, indicating economic potential and resilience in the context of expanding domestic demand [1][4]. Group 1: Overall Retail Sales Data - Jiangsu, Guangdong, and Shandong are the top three provinces in terms of total retail sales, with figures of 4.64 trillion, 4.60 trillion, and 4.21 trillion yuan respectively, showing growth rates of 3.3%, 2.8%, and 5.1% compared to 2024 [5][6]. - The average growth rate of retail sales across the provinces is 2.70%, with notable increases in provinces like Shaanxi, Hebei, and Henan, which exceed the average by 2.3, 1.9, and 1.9 percentage points respectively [3][11]. Group 2: Factors Supporting High Retail Sales - The large population base and economic scale of Jiangsu, Guangdong, and Shandong create a natural advantage for consumer spending [6][7]. - Jiangsu's retail sales growth is attributed to the strong performance of green and smart products, with significant increases in sales of electric vehicles and energy-efficient appliances [8][12]. Group 3: Regional Insights and Strategies - Shaanxi's retail sales growth is driven by effective policy measures, including subsidies for vehicle purchases and a focus on cultural tourism, which enhances consumer spending [11][14]. - Hebei and Henan also benefit from consumption subsidy policies that boost sales in automotive and upgraded goods, with Henan's per capita disposable income growing by 5.4% [12][14]. Group 4: Recommendations for Enhancing Retail Sales - To further increase retail sales, strategies such as optimizing consumption scenarios, developing night-time economies, and focusing on digital consumption innovation are recommended [14][15]. - Emphasizing income growth and job stability is crucial for enhancing consumer spending capacity [14].

Economic Overview - In 2025, Yantai's GDP is projected to reach 1,135.098 billion yuan, reflecting a year-on-year growth of 6.1% at constant prices [1] - The economic performance is characterized by stability and improvement under the leadership of the municipal government [1] Sector Performance - The primary industry is expected to contribute 70.702 billion yuan, growing by 4.1% year-on-year [1] - The secondary industry is projected to add 4,812.20 billion yuan, with an increase of 8.0% [1] - The tertiary industry is anticipated to reach 5,831.76 billion yuan, growing by 4.8% [1] Agricultural Production - The total output value of agriculture, forestry, animal husbandry, and fishery is expected to be 136.72 billion yuan, a year-on-year increase of 4.5% [1] - Grain production is projected at 1.913 million tons, with a slight growth of 0.02% [1] - Vegetable production is expected to reach 2.801 million tons, growing by 2.8% [1] - Fruit production (including melons) is anticipated to be 8.99 million tons, increasing by 3.1% [1] - The number of pigs slaughtered is projected at 5.014 million, with an increase of 8.8% [1] - Poultry production is expected to reach 320.879 million, growing by 14.5% [1] - Aquatic product output is projected at 2.069 million tons, with a growth of 3.5% [1] Industrial Growth - The industrial added value for large-scale enterprises is expected to grow by 13.5% year-on-year [2] - The chemical raw materials and chemical products manufacturing sector is projected to grow by 46.2% [2] - The non-ferrous metal smelting and rolling processing industry is expected to increase by 15.7% [2] Investment Trends - Fixed asset investment is projected to decline by 18.8% year-on-year [2] - Investment in the primary industry is expected to decrease by 8.0% [2] - Investment in the secondary industry is projected to decline by 18.1% [2] - Investment in the tertiary industry is expected to decrease by 19.8% [2] Consumer Activity - The total retail sales of consumer goods are projected to reach 406.885 billion yuan, with a year-on-year growth of 5.8% [2] - Urban retail sales are expected to be 319.008 billion yuan, growing by 5.9% [2] - Rural retail sales are projected at 87.877 billion yuan, with an increase of 5.5% [2]

Investment Rating - The report indicates a positive sentiment towards the A-share market, with the Hedge Fund Manager A-share Confidence Index at 125.50, reflecting a 0.45% increase from January 2026 [2][5]. Core Insights - The confidence index shows an upward trend, suggesting that hedge fund managers have increased confidence in the A-share market for February 2026 compared to January 2026 [2][5]. - The average position of private equity managers in subjective long positions is reported at 79%, which is a 1% increase from the end of December 2025 [5][7]. - The report highlights that 94% of private equity funds are positioned at 50% or more, with 24.6% fully invested or using leverage, a slight decrease of 0.2% from the previous month [5][8]. Summary by Sections A-share Confidence Index and Private Equity Positions - The A-share Confidence Index for February 2026 is 125.50, up 0.45% from January 2026, indicating a rise in confidence among private equity managers [2][5]. - The average position of subjective long strategy private equity funds is 79%, up 1% from December 2025 [5][7]. - 94% of private equity funds are above 50% in their positions, with 48.1% in the 80% or more range, an increase of 2.8% from the previous month [5][8]. Confidence Indicators - The trend expectation confidence indicator for February 2026 is 134.94, up 1.0% from the previous month, with 5.2% of fund managers extremely optimistic [13][14]. - 61.3% of fund managers are optimistic, a rise of 2.7%, while 32% hold a neutral view, down 2% [13][14]. - The investment plan indicator for position adjustments is 111.34, down 0.6%, with 67.7% of managers planning to maintain their positions [13][14]. Market Review and Outlook - In 2025, fixed asset investment (excluding rural households) was 485.186 billion, a decrease of 3.8% year-on-year, with private investment down 6.4% [17]. - The retail sales total for 2025 was 501.202 billion, reflecting a 3.7% increase year-on-year, with online retail sales growing by 8.6% [18]. - The report notes a stable export performance, with total exports for 2025 reaching 377.187 billion USD, showing resilience against external pressures [19].

2025年，凉山州实现社会消费品零售总额1037.4亿元，消费对经济增长的"主引擎"作用更加凸 显。这是凉山州社会消费品零售总额首次跨越千亿元台阶。全州居民人均可支配收入达28075元， 比上年增长5.3%。其中，城镇居民人均可支配收入42723元，增长4.5%；农村居民人均可支配收 入19949元，增长5.7%，城乡居民收入差距进一步缩小。 从产业看：第一产业增加值535.71亿元，比上年增长3.8%，拉动GDP增长0.8个百分点；第二产业 增加值841.49亿元，增长5.0%，拉动GDP增长1.6个百分点；第三产业增加值1228.55亿元，增长 7.0%，拉动GDP增长3.2个百分点。 本报讯 近日，凉山州统计局发布最新数据，根据地区生产总值统一核算结果，2025年凉山州实现 地区生产总值（GDP）2605.75亿元，按不变价格计算，比上年增长5.6%，经济总量首次跃居全省 第8位。2025年，凉山州经济运行在多重挑战下实现稳中有进、量质齐升，为"十四五"收官之年交 出了一份扎实答卷。 ...

Economic Overview - In 2025, the GDP of Zibo reached 508.89 billion yuan, reflecting a year-on-year growth of 5.6% at constant prices [1][4]. Industry Performance - The primary industry added value was 20.55 billion yuan, growing by 3.7% year-on-year [4]. - The secondary industry added value was 231.85 billion yuan, with a growth rate of 4.4% [4]. - The tertiary industry added value was 256.48 billion yuan, showing a growth of 6.8% [4]. - The total output value of agriculture, forestry, animal husbandry, and fishery reached 38.58 billion yuan, with a year-on-year increase of 4.3% [4]. - The industrial added value for large-scale enterprises grew by 7.4%, with 23 out of 38 major industries reporting positive growth [4]. Service Sector - The revenue of large-scale service industries reached 55.36 billion yuan, marking a year-on-year increase of 6.4% [4]. - Among the ten major service categories, nine experienced growth, with transportation, storage, and postal services growing by 8.4% and leasing and business services by 11.5% [4]. Consumer Market - The total retail sales of consumer goods reached 171.26 billion yuan, with a year-on-year growth of 5.2% [5]. - Retail sales in the above-limit category grew by 7.7%, with 14 out of 22 categories showing positive growth [5]. - Notably, categories such as grain and oil food, sports and entertainment products, and communication equipment saw significant growth rates of 26.6%, 118.4%, and 43.5% respectively [5]. Investment Trends - Fixed asset investment decreased by 12.6% year-on-year, while industrial investment increased by 14.7% [5]. - Private investment grew by 3.7%, accounting for 71.5% of total investment, which is an increase of 11.2 percentage points compared to 2024 [5].

2026年1月30日，中山市统计局公布中山市2025年经济运行简况，中山市经济运行总体平稳。 社会消费品零售总额 同比增长3.4% 固定资产投资承压运行。2025年中山市固定资产投资同比下降22.6%。工业投资同比下降14.6%，占固 定资产投资的比重升至49.4%，其中工业技术改造投资下降15.3%，占比升至19.4%；先进制造业投资下 降27.0%；高技术制造业投资下降22.6%。基础设施投资同比下降26.0%。房地产开发投资同比下降 30.5%。 消费市场保持增长。2025年中山市社会消费品零售总额同比增长3.4%。限额以上单位主要零售商品类 别中，家用电器和音像器材类，通讯器材类，粮油、食品类增长较快，零售额增速分别为78.2%、 61.1%、16.0%。网络零售持续活跃，限额以上单位通过公共网络实现商品零售同比增长56.8%。 根据广东省地区生产总值统一核算结果，2025年中山市地区生产总值4260.56亿元，按不变价格计算， 同比增长3.8%。其中，第一产业增加值98.18亿元，增长6.3%；第二产业增加值2189.06亿元，增长 3.9%；第三产业增加值1973.32亿元，增长3.6%。 规模以 ...