Economic Overview - Zhejiang's GDP for the first half of 2025 reached 45,004 billion yuan, showing a year-on-year growth of 5.8% at constant prices [1][2] Industrial Development - The industrial economy in Zhejiang is improving in quality and efficiency, focusing on high-end, new, and intelligent development [1] - High-tech manufacturing, core digital economy industries, equipment manufacturing, and strategic emerging industries saw value-added growth of 12.7%, 12.0%, 11.1%, and 9.8% respectively, contributing to an overall increase in industrial value-added by 2.2%, 2.1%, 5.5%, and 3.5% [1] Innovation and R&D - From January to May, R&D expenses for large-scale enterprises in Zhejiang increased by 7.0%, outpacing revenue growth by 2.1%, with R&D expenses accounting for 3.08% of revenue, up by 0.06% year-on-year [1] - In key innovation corridors, the ratio of R&D expenses to revenue reached 3.84% [1] Intelligent Transformation - The revenue growth rate of core artificial intelligence enterprises in Zhejiang significantly outpaced that of large-scale enterprises, with strong sales in smart home appliances, wearable devices, and smartphones [2] Future Outlook - Zhejiang aims to enhance internal growth momentum and optimize industrial structure to contribute to national economic stability and growth [2]

地区生产总值同比增长5.7%、比全国高出0.4个百分点——上半年，江苏交出一份亮眼"成绩单"。在二 季度以来国际形势急剧变化、外部压力明显加大的情况下，5.7%的增长来之不易，显现出我省经济的 韧性与活力，也折射出中国高质量发展的深层逻辑与内生动力。 5.7%，是江苏经济韧性的"温度计"，也是中国高质量发展的"晴雨表"。透过数据看趋势，透过现象看本 质，既要看到我国经济回升向好、长期向好的基本趋势不会改变，也要看到外部不确定性仍然很大，下 半年面临的压力可能更大。韧性从来不是从天而降的运气，而是主动塑造的竞争力。坚定不移做好自己 的事情，我们必将继续以强大韧性顶住冲击、应对挑战，在复杂环境中破浪前行，在推进高质量发展中 赢得主动、赢得未来。 透过上半年经济数据，可以看到：在量上，我省经济实力进一步增强，为全国经济社会发展作出新的贡 献；在质上，我省经济结构向优、动能向新，高质量发展取得新的成效，向上生长、向好突破的力量不 断积蓄。稳中有进、量质齐升，我们切切实实扛起了"经济大省挑大梁"的责任担当。 韧性，藏在产业优化、结构调整的"深水区"。面对外部压力，江苏以刀刃向内的勇气推进结构调整，用 创新破局、以质效突 ...

Economic Overview - Zhejiang's GDP for the first half of the year reached 45,004 billion yuan, with a year-on-year growth of 5.8% at constant prices [1] - The primary industry added value was 1,131 billion yuan, growing by 3.5%; the secondary industry added value was 16,952 billion yuan, growing by 5.6%; and the tertiary industry added value was 26,921 billion yuan, growing by 6.0% [1] Emerging Industries - The development of emerging industries in Zhejiang is characterized by three keywords: "high," "new," and "intelligent" [2] - High-tech manufacturing, digital economy core industries, and equipment manufacturing all maintained double-digit growth rates, significantly outpacing the overall industrial growth [2] - Investment in high-tech industries and digital economy core industries grew faster than total investment [2] Innovation and R&D - R&D expenditures for large-scale enterprises in both industrial and service sectors increased by 7.0% year-on-year, with R&D expenses accounting for 3.08% of operating income [3] - In key innovation corridors, R&D expenses as a percentage of operating income reached 3.84%, exceeding the average for large-scale industries by 0.67 percentage points [3] - Revenue growth in artificial intelligence core industries outpaced that of large-scale enterprises, with significant growth in computing services, data services, algorithm models, and smart terminals [3] Consumer Market - The total retail sales of consumer goods reached 18,979 billion yuan, with a year-on-year growth of 5.3%, accelerating by 0.8 percentage points compared to the first quarter [4] - The "old-for-new" consumption policy has led to significant growth in retail sales of home appliances, communication devices, and cultural office supplies, with increases of 84.5%, 70.6%, and 60.9% respectively [4] - Online sales through public networks grew by 27.4%, outpacing the overall retail sales growth by 22.1 percentage points [4] New Consumption Patterns - New consumption models are emerging rapidly, with quality consumption seeing accelerated growth; sports and entertainment goods retail sales increased by 57.6% [5] - Major events such as concerts and sports competitions have driven ticket sales and overall consumption, with over 150 million attendees at various events [5] - Cultural activities, including online games and performances, are stimulating new growth points in consumption, with significant attendance at themed exhibitions and performances [5]

Group 1: Economic Growth and Innovation - The added value of high-tech manufacturing in China increased by 9.5% year-on-year in the first half of the year, contributing 23.3% to the overall industrial growth [1] - R&D expenditure as a percentage of GDP in China has approached 2.7%, surpassing the EU average and nearing the OECD average [2] - The number of effective invention patent applications in China reached nearly 5 million in the first five months, growing by 12.8% [2] Group 2: Technological Advancements - Significant technological achievements include the launch of DeepSeek model, amphibious firefighting aircraft AG600 receiving certification, and advancements in quantum computing and nuclear fusion [2][3] - The number of national-level manufacturing innovation centers has reached 33, supporting the industrialization of technological achievements [2] Group 3: Industry Transformation - The structure of the economy is steadily adjusting, with high-tech manufacturing and high-tech service investments growing by 9.5% and 8.6% respectively [4] - The production of industrial robots increased by 32% year-on-year, and the added value of smart vehicle equipment manufacturing grew by 26.8% [4] Group 4: Green Development - The production of new energy vehicles, lithium-ion batteries for vehicles, and solar batteries increased by 36.2%, 53.3%, and 18.2% respectively in the first half of the year [4] Group 5: Financial Support for Innovation - The total amount of loans for technological innovation and technological transformation reached 1.7 trillion yuan, 1.9 times that of the end of last year [7] - A new "technology board" in the bond market has been established to promote the construction of a technology finance system [6][7]

Economic Growth - In the first half of 2025, GDP grew by 5.3% year-on-year, with Q1 growth at 5.4% and Q2 at 5.2%[3] - The industrial added value in June increased by 6.8% year-on-year, up from 5.8% in the previous month[3] - Cumulative industrial added value for the first half of 2025 was 6.4%, compared to 5.8% for the entire year of 2024[3] Consumption Trends - Retail sales of consumer goods in June grew by 4.8% year-on-year, down from 6.4% in May[3] - Cumulative retail sales growth for the first half of 2025 was 5.0%, significantly higher than the 3.5% for the entire year of 2024[3] - The "old-for-new" consumption policy significantly boosted retail sales, with related products seeing over 20% growth in sales[14] Investment Insights - Fixed asset investment in the first half of 2025 grew by 2.8%, down from 3.7% previously, with a full-year growth target of around 4.2%[3] - Infrastructure investment showed stable growth, while real estate investment continued to decline, with a cumulative drop of 11.2% in the first half[21] Future Outlook - The external environment is expected to negatively impact exports in the second half of 2025, potentially leading to a shift from positive to negative growth in exports[5] - The government is likely to implement more proactive fiscal policies, including increased spending and interest rate cuts, to counteract external pressures[7] - GDP growth is projected to stabilize around 4.7% in the second half, ensuring an annual target of approximately 5.0% is met[7]

国家统计局最新数据显示，今年上半年，规上工业增加值同比增长6.4%，在一季度良好开局的基础上 展现出较强韧性，制造业增加值占GDP比重达25.7%，基本保持稳定。 今年以来，新型工业化加快推进，企业创新活力不断释放，工业高质量发展取得积极成效，呈现出"向 稳、向新、向优"的特点。 结构更优韧性更强 上半年，产业结构优化效应显现，新质生产力加快培育。赛迪研究院工业经济研究所所长关兵认为，面 对复杂严峻的国内外环境，我国工业经济顶住压力，呈现"工业稳""结构优""韧性强"三大特点。 看增速，上半年，规模以上工业增加值同比增长6.4%，较上年同期加快0.4个百分点；全部工业增加值 同比增长6.2%，高于GDP增速0.9个百分点，全部工业对GDP增长的贡献率为36.3%，较去年全年提高了 1.6个百分点，工业经济"压舱石"作用凸显。 看结构，上半年，科技创新与产业创新融合取得新进展，推动新质生产力加快发展；规模以上高技术制 造业和装备制造业增加值分别同比增长9.5%、10.2%，成为支撑工业经济增长的关键。 看韧性，上半年，面对美国"关税战"的严重干扰，我国企业积极拓展多元化市场，规模以上工业企业出 口交货值仍实现了 ...

7月18日，记者从省统计局获悉，上半年，全省实现地区生产总值（GDP）31683.80亿元，同比增长 5.7%、高于全国0.4个百分点。全省主要经济指标增速高于全国，经济运行保持稳中向好发展态势，顺 利实现"时间过半、任务过半"。 根据地区生产总值统一核算结果，分产业看，第一产业增加值2252.14亿元，同比增长2.7%；第二产业 增加值12189.39亿元，同比增长6.0%；第三产业增加值17242.27亿元，同比增长6.0%。 农业生产总体平稳。夏粮生产基本稳定，全省夏粮产量750.01亿斤。上半年，全省中药材产量20.89万 吨、同比增长2.4%，鲜切花1.31亿枝、同比增长15.0%，盆栽观赏植物3933.18万盆、同比增长8.5%。 新兴动能强劲增长。上半年，全省规上高技术制造业增加值同比增长14.9%，比一季度加快0.8个百分 点；工业战略性新兴产业增加值同比增长10.7%，比一季度加快0.1个百分点，其中新能源汽车产业、新 一代信息技术产业增加值同比分别增长30.5%、13.3%。锂离子电池、服务器、新能源汽车等新产品产 量同比分别增长93.4%、48.2%、34.9%。新型消费、升级消费增势强 ...

优化服务，促进经济活力迸发。提升政务服务水平是优化营商环境的必然要求，直接关系市场各类经营 主体的获得感和发展信心。为此，全省始终坚持以打造一流营造环境为导向，以进一步全面深化改革为 牵引，从推进制度集成创新，促进人流、物流、资金流、信息流等资源要素更加高效便捷流通，为招商 引资营造"近悦者来"的浓厚氛围，到释放提升贸易便利化水平、助力企业减负降费、优化口岸营商环境 等"政策大礼包"红利，进一步激发微观活力与跨境流动活跃度，再到鼓励企业开拓多元化市场，不断挖 掘具有高质量、高技术、高附加值的绿色低碳产品新增长点……从文旅、科技到工业、外贸，各行各业 在转方式、优服务、提质量、增效益上持续用力，铺展出一幅幅人气兴旺、人声鼎沸、车水马龙的壮美 画卷，合力推动广东经济运行持续向好，市场对岭南大地高质量发展的预期也更加充满期待。 创新赋能，增强经济发展动力。发展是第一要务，创新是第一动力。今年上半年，广东大力培育和发展 新质生产力，叠加技术优势与产业协同，推动创新链、产业链、人才链深度融合发展，加快科技成果转 化应用，让高质量发展优势更大、动力更足。看产业，新动能产业增势良好，先进制造业、高技术制造 业增加值分别增长 ...

Economic Overview - Hubei Province achieved a GDP of 29,642.61 billion yuan in the first half of 2025, with a year-on-year growth of 6.2%, accelerating by 0.4 percentage points compared to the previous year and exceeding the national average by 0.9 percentage points [1][2] Sector Performance - The first industry added value was 1,914.07 billion yuan, growing by 3.3%; the second industry added value was 11,544.28 billion yuan, growing by 6.4%; and the third industry added value was 16,184.26 billion yuan, also growing by 6.4% [2] - Key industrial metrics showed significant growth: industrial added value increased by 7.9%, service industry revenue rose by 12.2%, fixed asset investment grew by 6.5%, retail sales of consumer goods increased by 6.9%, and total import and export volume surged by 28.4% [2] Innovation and Investment - High-tech manufacturing added value grew by 14.4%, contributing 27.5% to the industrial sector; production of computers, smartphones, optical fibers, and lithium-ion batteries saw increases of 31.5%, 19.9%, 25.7%, and 62.1% respectively [2] - Investment in high-tech industries rose by 8.8%, with high-tech service industry investment increasing by 24.6% [3] Consumption and Trade - Total investment in Hubei increased, with 19,250 construction projects, a growth of 7.1%; project investment (excluding real estate) grew by 9.8%, surpassing the national average by 3.2 percentage points [4] - Retail sales in wholesale and retail sectors grew by 5.9% and 8.7% respectively, with significant increases in consumer spending on durable goods and services [5][6] - Hubei's foreign trade reached a new high, with total imports and exports exceeding 400 billion yuan, reaching 402.31 billion yuan, with exports growing by 38.5% and imports by 7.4% [6][7] Agricultural and Income Growth - Agricultural output increased by 3.6%, with summer grain production reaching 9.901 billion jin, a year-on-year growth of 0.9% [8] - Per capita disposable income in Hubei reached 18,930 yuan, growing by 5.3%, with urban and rural income disparities narrowing [8]

Economic Performance - Hubei Province achieved a GDP of 29,642.61 billion yuan in the first half of 2025, representing a year-on-year growth of 6.2% at constant prices [1] - The primary industry added value was 1,914.07 billion yuan, growing by 3.3%; the secondary industry added value was 11,544.28 billion yuan, growing by 6.4%; and the tertiary industry added value was 16,184.26 billion yuan, also growing by 6.4% [1] Industrial Upgrades - Continuous increase in innovation investment with high-tech industry investment growing by 8.8% [1] - The conversion of scientific and technological achievements accelerated, with the transaction value of technology contracts increasing by 10.6% [1] - High-tech manufacturing added value grew by 14.4%, contributing 27.5% to the industrial output of large-scale enterprises [1] - Production of key products such as complete computers, smartphones, optical fibers, and lithium-ion batteries increased by 31.5%, 19.9%, 25.7%, and 62.1% respectively [1] Foreign Trade - Hubei's foreign trade reached a record high, with total imports and exports exceeding 400 billion yuan for the first time, totaling 402.31 billion yuan [2] - Exports and imports grew by 38.5% and 7.4% respectively, with the export structure continuously optimizing [2] - The export of electromechanical products increased by 26.8%, accounting for 50.7% of total exports [2] - Trade with countries involved in the Belt and Road Initiative grew by 32.6%, making up 54.9% of total trade, an increase of 1.8 percentage points from the previous year [2] - Trade with ASEAN and EU increased by 56.3% and 48.2% respectively, while trade with the Middle East and least developed countries grew by 45.2% and 40% [2] Employment and Income - The employment situation in Hubei remained stable, with 565,100 new urban jobs created in the first half of the year [2] - The per capita disposable income of residents reached 18,930 yuan, a year-on-year increase of 5.3%, with urban and rural incomes growing by 4.7% and 5.7% respectively, indicating a continued narrowing of the income gap [2]