Economic Growth - The GDP for the first three quarters reached 10,150.36 billion yuan, with a year-on-year growth of 5.2%, accelerating by 0.2 and 0.4 percentage points compared to the full year of 2024 and the same period in 2024 respectively [3] - The quarterly GDP growth rates were 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3, with the decline in Q3 attributed to complex external environments and domestic structural adjustment pressures [3] Industrial Production - The industrial added value for large-scale enterprises grew by 6.2% year-on-year, with the equipment manufacturing sector increasing by 9.7% and high-tech manufacturing by 9.6%, outpacing the overall industrial growth by 3.5 and 3.4 percentage points respectively [5] - The share of equipment manufacturing in total industrial output reached 35.9%, maintaining above 30% for 31 consecutive months [5] - Industrial exports showed resilience, with a year-on-year growth of 3.3% in the first three quarters [5] Service Sector - The service sector's added value increased by 5.4% year-on-year, with significant growth in information transmission, software, and IT services (11.2%), leasing and business services (9.2%), and transportation and warehousing (5.8%) [6] Consumer Spending - The total retail sales of consumer goods grew by 4.5% year-on-year, with the growth rate accelerating by 1.2 and 1.0 percentage points compared to the same period last year and the full year respectively [8] - Final consumption expenditure contributed 53.5% to economic growth, highlighting its role as a primary growth engine [9] Investment Trends - Fixed asset investment decreased by 0.5% year-on-year, with infrastructure investment growing by 1.1% and manufacturing investment increasing by 4.0%, while real estate development investment fell by 13.9% [9] - Excluding real estate, project investment grew by 3.0% year-on-year [9] Future Outlook - The internal logic for stable economic development remains unchanged, with favorable conditions for achieving annual targets [11] - Continued macroeconomic policy effectiveness is expected to support stable economic operations, with a focus on enhancing confidence and expectations for the fourth quarter [11][12]

Economic Overview - The GDP for the first three quarters reached 10,150.36 billion yuan, with a year-on-year growth of 5.2%, accelerating by 0.2 and 0.4 percentage points compared to the full year of 2024 and the same period in 2024 respectively [1] - The quarterly GDP growth rates were 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3, with the decline in Q3 attributed to complex external environments and significant domestic structural adjustment pressures [1] Industrial Production - The industrial added value for large-scale enterprises grew by 6.2% year-on-year, with the equipment manufacturing sector increasing by 9.7% and high-tech manufacturing by 9.6%, outpacing the overall industrial growth by 3.5 and 3.4 percentage points respectively [3] - The share of equipment manufacturing in total industrial output reached 35.9%, maintaining above 30% for 31 consecutive months, indicating its stabilizing role in the economy [3] - Industrial exports showed resilience, with a year-on-year growth of 3.3% in the first three quarters, and the capacity utilization rate for large-scale industrial enterprises rose to 74.6% in Q3, up 0.6 percentage points from Q2 [3] Service Sector - The service sector's added value increased by 5.4% year-on-year, with significant growth in information transmission, software and IT services (11.2%), leasing and business services (9.2%), and transportation, warehousing, and postal services (5.8%) [4] Consumer Spending - The total retail sales of consumer goods grew by 4.5% year-on-year, with the growth rate accelerating by 1.2 and 1.0 percentage points compared to the same period last year and the full year respectively [6] - Final consumption expenditure contributed 53.5% to economic growth, reinforcing its role as a primary growth engine [6] - The retail sales of goods increased by 4.6%, while catering revenue rose by 3.3%, and service retail sales grew by 5.2% [6] Investment Trends - Fixed asset investment (excluding rural households) declined by 0.5% year-on-year, with infrastructure investment increasing by 1.1% and manufacturing investment growing by 4.0%, while real estate development investment fell by 13.9% [6] - Excluding real estate development, project investment increased by 3.0% year-on-year [7] Future Outlook - The internal logic for stable economic development remains unchanged, with favorable conditions for achieving annual targets [9] - Continuous macroeconomic policies are expected to support stable economic operations, with an emphasis on enhancing policy coordination and targeting in Q4 [9] - Early indicators show positive signals, such as a rise in the manufacturing purchasing managers' index and an increase in prices for key industrial products [9]

Economic Growth - China's GDP for the first three quarters of the year grew by 5.2% year-on-year, demonstrating resilience and vitality in economic operations [1][3] - The GDP reached 10,150.36 billion yuan, with quarterly growth rates of 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3 [3] Industrial Production - The industrial production saw a significant increase, with the value-added of large-scale industries growing by 6.2% year-on-year [5] - Manufacturing sector growth was recorded at 6.8%, with equipment manufacturing and high-tech manufacturing growing by 9.7% and 9.6% respectively [5] - Notable increases in production included 3D printing equipment (40.5%), industrial robots (29.8%), and new energy vehicles (29.7%) [5] Consumer Market - The total retail sales of consumer goods reached 3,658.77 billion yuan, reflecting a year-on-year growth of 4.5% [8] - Sales of essential and some upgraded consumer goods showed strong growth, with significant increases in home appliances (25.3%), furniture (21.3%), communication devices (20.5%), and cultural office supplies (19.9%) [8] - Service retail sales also grew by 5.2% year-on-year [8] Investment Trends - Manufacturing investment grew by 4.0% year-on-year, with high-tech industries such as information services (33.1%), aerospace equipment (20.6%), and computer equipment (7.4%) showing robust investment growth [9] - Agricultural production remained stable, with the value-added of agriculture (planting) increasing by 3.6% [10] Service Sector - The service sector's value-added grew by 5.4% year-on-year, with modern services performing well [10] - Specific growth in information transmission, software, and IT services was recorded at 11.2%, while leasing and business services grew by 9.2% [10]

Group 1 - The industrial sector showed a strong growth trend in Q3, with an increase of 5.8% year-on-year, contributing 1.7 percentage points to economic growth [2] - The modern service industries, including information transmission, software, and IT services, as well as leasing and business services, experienced rapid growth, with value-added increasing by 11.7% and 8.6% respectively, contributing a total of 0.9 percentage points to economic growth [2] - The financial sector also performed well, with a year-on-year increase of 5.2% in value-added, contributing 0.4 percentage points to economic growth [2] Group 2 - In the first three quarters, industrial production maintained stable growth, with a year-on-year increase of 6.1% in industrial value-added, contributing 1.8 percentage points to economic growth [2] - The manufacturing sector outperformed the overall industrial growth, with a value-added increase of 6.5% [2] - Notably, the transformation and upgrading of the manufacturing sector accelerated, with value-added in equipment manufacturing and high-tech manufacturing increasing by 9.7% and 9.6% respectively, surpassing the overall industrial growth by 3.5 and 3.4 percentage points [2] Group 3 - The automotive manufacturing sector, as well as railway, shipbuilding, aerospace, and other transportation equipment manufacturing, maintained double-digit growth in investment year-on-year [3] - Driven by continuous innovation investment, several domestic general large models have reached international advanced levels, and significant breakthroughs have been achieved in various technology fields [3] - According to the World Intellectual Property Organization, China's innovation index is expected to enter the global top ten by 2025, with 24 innovation clusters ranked among the global top 100, maintaining the highest number for three consecutive years [3]

Economic Overview - The national GDP for the first three quarters reached 10,150.36 billion yuan, with a year-on-year growth of 5.2% [1] - The GDP growth rates by quarter were 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3, with a quarter-on-quarter growth of 1.1% in Q3 [1] Agriculture - Agricultural value added grew by 3.6% year-on-year, with summer grain and early rice production totaling 178.25 million tons, an increase of 0.1% [2] - Livestock production saw a total output of 73.12 million tons, up 3.8% year-on-year, with specific increases in pork, beef, and poultry [2] Industrial Production - Industrial value added for large-scale enterprises increased by 6.2% year-on-year, with manufacturing growing by 6.8% [3] - High-tech manufacturing and equipment manufacturing sectors showed strong growth, with increases of 9.6% and 9.7% respectively [3] - In September, industrial value added grew by 6.5% year-on-year and 0.64% month-on-month [3] Services Sector - The services sector's value added increased by 5.4% year-on-year, with significant growth in information transmission and software services at 11.2% [4] - The service industry production index rose by 5.6% year-on-year in September, indicating robust activity [4] Retail Sales - Total retail sales of consumer goods reached 3,658.77 billion yuan, growing by 4.5% year-on-year, with urban retail sales at 3,168.38 billion yuan [5] - Online retail sales amounted to 1,128.30 billion yuan, a 9.8% increase, with physical goods online sales at 915.28 billion yuan, growing by 6.5% [5] Fixed Asset Investment - Fixed asset investment (excluding rural households) totaled 3,715.35 billion yuan, a decrease of 0.5% year-on-year, while manufacturing investment grew by 4.0% [7] - Infrastructure investment increased by 1.1%, while real estate development investment saw a significant decline of 13.9% [7] Trade - Total import and export value reached 3,360.78 billion yuan, with exports growing by 7.1% and imports slightly declining by 0.2% [8] - In September, the total trade value was 404.36 billion yuan, reflecting an 8.0% year-on-year increase [8] Consumer Prices - The national CPI decreased by 0.1% year-on-year, with food prices dropping by 0.8% [9] - Core CPI, excluding food and energy, rose by 0.6%, indicating a slight increase in underlying inflation pressures [9] Employment - The urban surveyed unemployment rate averaged 5.2% in the first three quarters, with a slight decrease in September [10] - The total number of rural laborers working outside their home areas reached 191.87 million, a year-on-year increase of 0.9% [10] Income - Per capita disposable income reached 32,509 yuan, with a nominal growth of 5.1% year-on-year [11] - Rural residents experienced a faster income growth rate compared to urban residents, with rural disposable income growing by 6.0% [11]

国家统计局网站消息，国家统计局新闻发言人就2025年前三季度国民经济运行情况答记者问。 1.今年以来，面对复杂环境中国经济运行情况如何？请问如何评价前三季度的经济运行总体表现？ 答：今年以来，我国经济发展历程很不平凡。面对外部压力加大和内部困难较多的复杂局面，以习近平 同志为核心的党中央总揽全局、科学决策，各地区各部门沉着应对、狠抓落实，全国上下同心同德、共 克时艰，我国经济发展顶住压力，取得了难能可贵的发展成绩，经济运行持续保持总体平稳、稳中有进 发展态势。 第二，尽管经济增速有所回落，但经济稳中有进发展态势没有变。从增长水平看，我国三季度4.8%的 经济增速水平仍明显高于多数主要经济体，对于我们这么大体量的经济体尤为难能可贵。三季度经济总 量达35.5万亿元，超过了全球第三大经济体2024年全年经济总量。从就业物价看，就业形势总体稳定， 物价运行有所改善。三季度城镇调查失业率与上年同期持平，核心CPI同比涨幅持续扩大，PPI降幅连续 2个月收窄。从国际收支看，保持总体平衡。三季度货物进出口总额同比增长6.0%，外汇储备连续2个 月增加。从发展质量看，经济转型升级态势持续。三季度，规模以上高技术制造业增加值 ...

中国国内生产总值（GDP）1015036亿元 按不变价格计算 【导读】前三季度国内生产总值（ GDP ）同比增长 5.2%，其中第三季度增长4.8% 来源：国家统计局 国家统计局10月20日发布数据显示 初步核算 2025年前三季度 同比增长5.2% 前三季度经济运行稳中有进 高质量发展取得积极成效 国家统计局新闻发言人就2025年前三季度国民经济运行情况答记者问 1.今年以来，面对复杂环境中国经济运行情况如何？请问如何评价前三季度的经济运行总体表 现？ 答： 今年以来，我国经济发展历程很不平凡。面对外部压力加大和内部困难较多的复杂局 面，以习近平同志为核心的党中央总揽全局、科学决策，各地区各部门沉着应对、狠抓落 实，全国上下同心同德、共克时艰，我国经济发展顶住压力，取得了难能可贵的发展成绩， 经济运行持续保持总体平稳、稳中有进发展态势。 一是经济平稳运行的主基调没有改变。经济增长、就业、价格和国际收支是观察经济运行最 为重要的宏观指标。 从经济增长看，前三季度国内生产总值（ GDP ）同比增长 5.2% ，比 上年全年和上年同期分别加快 0.2 、 0.4 个百分点；经济增量达到 39679 亿元，同比多增 ...

国家统计局新闻发言人就2025年前三季度国民经济运行情况答记者问 1.今年以来，面对复杂环境中国经济运行情况如何？请问如何评价前三季度的经济运行总体表现？ 答：今年以来，我国经济发展历程很不平凡。面对外部压力加大和内部困难较多的复杂局面，以习近平 同志为核心的党中央总揽全局、科学决策，各地区各部门沉着应对、狠抓落实，全国上下同心同德、共 克时艰，我国经济发展顶住压力，取得了难能可贵的发展成绩，经济运行持续保持总体平稳、稳中有进 发展态势。 一是经济平稳运行的主基调没有改变。经济增长、就业、价格和国际收支是观察经济运行最为重要的宏 观指标。从经济增长看，前三季度国内生产总值（GDP）同比增长5.2%，比上年全年和上年同期分别 加快0.2、0.4个百分点；经济增量达到39679亿元，同比多增1368亿元。对于我国这样超大体量的经济体 而言，能够保持稳定发展殊为不易，在各种风险挑战交织的背景下更显可贵。从就业物价看，前三季 度，全国城镇调查失业率平均值为5.2%，与上半年持平；居民消费价格指数（CPI）同比略降0.1%，但 扣除食品和能源的核心CPI上涨0.6%，其中9月份上涨1.0%，涨幅连续5个月扩大，反映了扩 ...

Economic Overview - In the first three quarters, China's GDP reached 10,150.36 billion yuan, with a year-on-year growth of 5.2% [1] - The GDP growth rates for the first, second, and third quarters were 5.4%, 5.2%, and 4.8% respectively, with a quarter-on-quarter growth of 1.1% in Q3 [1] Agriculture - Agricultural value added grew by 3.6% year-on-year, with summer grain and early rice production totaling 178.25 million tons, an increase of 0.1% [2] - Livestock production saw a total output of 73.12 million tons, up 3.8%, with specific increases in pork, beef, and poultry [2] Industry - Industrial value added for large enterprises increased by 6.2% year-on-year, with manufacturing growing by 6.8% [3] - High-tech manufacturing and equipment manufacturing saw significant growth rates of 9.6% and 9.7% respectively [3] - In August, the total profit of large industrial enterprises was 46.93 billion yuan, reflecting a 0.9% increase year-on-year [3] Services - The service sector's value added grew by 5.4%, with notable increases in information transmission and software services at 11.2% [4] - The service industry business activity index was at 50.1%, indicating stable growth [4] Retail and Consumption - Total retail sales of consumer goods reached 3,658.77 billion yuan, with a year-on-year growth of 4.5% [5] - Online retail sales amounted to 1,128.30 billion yuan, growing by 9.8% [6] Investment - Fixed asset investment (excluding rural households) was 371.54 billion yuan, showing a slight decline of 0.5% [7] - Manufacturing investment grew by 4.0%, while real estate investment saw a significant drop of 13.9% [7] Trade - Total import and export value reached 3,360.78 billion yuan, with exports growing by 7.1% [8] - Private enterprises accounted for 57.0% of total trade, marking a 2.0 percentage point increase from the previous year [8] Prices and Inflation - The national CPI decreased by 0.1% year-on-year, with food prices dropping by 0.8% [9] - The core CPI, excluding food and energy, rose by 0.6%, indicating a slight increase in inflationary pressure [9] Employment - The urban surveyed unemployment rate averaged 5.2%, with a slight decrease in September [10] - The total number of rural migrant workers reached 191.87 million, reflecting a year-on-year growth of 0.9% [10] Income - Per capita disposable income reached 32,509 yuan, with a nominal growth of 5.1% [11] - Rural residents experienced a faster income growth rate compared to urban residents, with rural income growing by 6.0% [11]

Economic Overview - The national GDP for the first three quarters reached 10,150.36 billion yuan, with a year-on-year growth of 5.2% [1] - The GDP growth rates by quarter were 5.4% in Q1, 5.2% in Q2, and 4.8% in Q3, with a quarter-on-quarter growth of 1.1% in Q3 [1] Agriculture - Agricultural value added grew by 3.6% year-on-year, with summer grain and early rice production totaling 178.25 million tons, a slight increase of 0.1% [1] - Livestock production saw a total output of 73.12 million tons, up 3.8%, with specific increases in pork, beef, and poultry [1] Industrial Production - The industrial value added for large-scale enterprises increased by 6.2% year-on-year, with manufacturing growing by 6.8% [2] - High-tech manufacturing and equipment manufacturing sectors showed strong growth, with increases of 9.6% and 9.7% respectively [2] - In September, the industrial value added grew by 6.5% year-on-year and 0.64% month-on-month [2] Service Sector - The service sector's value added increased by 5.4% year-on-year, with significant growth in information technology services and leasing services [2] - The service industry production index rose by 5.6% year-on-year in September [2] Retail Sales - The total retail sales of consumer goods reached 3,658.77 billion yuan, with a year-on-year growth of 4.5% [3] - Online retail sales amounted to 1,128.30 billion yuan, growing by 9.8% year-on-year [3] Fixed Asset Investment - Fixed asset investment (excluding rural households) totaled 3,715.35 billion yuan, a decrease of 0.5% year-on-year [5] - Manufacturing investment grew by 4.0%, while real estate development investment fell by 13.9% [5] Trade - The total import and export value reached 3,360.78 billion yuan, with exports growing by 7.1% and imports slightly declining by 0.2% [6] - In September, the import and export value increased by 8.0% year-on-year [6] Employment - The urban surveyed unemployment rate averaged 5.2% in the first three quarters, with a slight decrease in September [7] - The total number of rural laborers working outside their hometowns reached 191.87 million, a year-on-year increase of 0.9% [7] Income - The per capita disposable income reached 32,509 yuan, with a nominal growth of 5.1% [8] - Rural residents' income growth outpaced that of urban residents, with rural disposable income growing by 5.7% [8]