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新加坡经济增速强劲隐忧仍存
Jing Ji Ri Bao· 2025-05-27 22:40
Economic Growth - Singapore's economy grew by 3.9% year-on-year in Q1, showing resilience despite global challenges [1] - The manufacturing sector, a key pillar of the economy, grew by 4.0% year-on-year, driven by strong performance in electronics, precision engineering, and transport engineering [1] Wholesale Trade - The wholesale trade sector experienced a 4.2% year-on-year growth, with machinery and equipment being the main growth drivers [2] - The sector benefited from a "rush" phenomenon due to U.S. tariff policies, which led to increased shipments before tariffs took effect [2] Financial and Insurance Sector - The financial and insurance sector grew by 4.5% year-on-year, supported by strong performance in banking and payment services [2] - Singapore's stable and open financial market attracted significant international investment [2] Construction Sector - The construction sector showed robust growth of 5.5% year-on-year, driven by both public and private construction activities [2] - Increased government investment in infrastructure and ongoing private projects contributed to this growth [2] Retail Trade and Consumer Confidence - Retail trade saw a slight increase of 0.1% year-on-year, indicating overall stability in the consumer market [3] - Consumer confidence and employment stability led to increased household spending, supported by government initiatives [3] Services Sector - The services sector grew by 3.6% year-on-year, with information and communication, finance and insurance, and professional services being the main contributors [3] - The acceleration of global digital transformation boosted demand for information and communication technology [3] Labor Market - The unemployment rate remained low at 2.1%, enhancing consumer spending capacity and providing a reliable workforce for businesses [4] - Government initiatives in technology innovation and digital transformation have positively impacted the information and communication sector [4] Policy and Economic Outlook - The government is implementing various policies to stabilize the economy and employment, including infrastructure investment and support for SMEs [4] - Despite strong performance, Singapore must remain vigilant against global economic uncertainties, including trade protectionism and geopolitical risks [4]