9月15日，在江苏省南京市招商工业南京金陵船厂内，船舶制造加紧推进。 九月十五日，在山东省青州市高柳镇高冯工业园一家机械制造企业车间，工人在装配生产发动机。 生产平稳增长。早稻小幅增产，秋粮播种面积稳中略增，长势总体正常。8月份规模以上工业增加值同 比增长5.2%，继续保持较快增长。8月份服务业生产指数同比增长5.6%，增势好于工业。暑期出行增多 带动下，住宿餐饮业生产指数增速比上月加快。 内需继续扩大。8月份社会消费品零售总额同比增长3.4%，以旧换新相关商品零售额继续保持较快增 长。服务消费潜力也在不断释放，旅游休闲、演出赛事、信息通讯等服务较为活跃。从投资看，1至8月 杨素平摄（新华社发） 份固定资产投资同比增长0.5%，其中制造业投资增长5.1%，明显快于全部投资，为制造业升级发展提 供有力支撑。 外贸外储增加。8月份货物进出口总额同比增长3.5%，出口和进口均连续3个月实现双增长。机电产品 出口增长较快，1至8月份我国机电产品出口额同比增长9.2%。8月末我国外汇储备余额比上月增加299 亿美元，总体呈现稳中有升态势。 运行总体稳定。从指标变化看，前8个月主要生产需求指标保持平稳增长，规模以上工业增 ...

8月份国民经济"成绩单"15日出炉，从生产、消费、投资、进出口到就业、价格……深入观察各项主要 经济指标走势，"稳"是这份"成绩单"的底色。 "8月份国民经济运行总体平稳、稳中有进。"国家统计局新闻发言人付凌晖当日在国新办发布会上说。 这也为三季度我国经济保持稳中有进发展态势进一步夯实基础。 8月份国民经济运行"稳"的态势未变 7月份，受国际环境复杂严峻及极端天气等多重因素影响，部分主要经济指标增速有所回落。这些指标 增速回落的势头是否会在8月份进一步发展？8月份的国民经济"成绩单"在一定程度上给市场吃了定心 丸。 "8月份多项指标增速回落幅度较上月有所收窄，呈现边际改善迹象。"中国民生银行首席经济学家温彬 说，多项主要指标走势曲线趋于平缓。 首先从生产端看，8月份，我国规模以上工业增加值同比增速较上月回落0.5个百分点至5.2%，回落幅度 小于上月的1.1个百分点；服务业生产指数回落0.2个百分点至5.6%，回落幅度与上月相当，表现出较强 韧性。 在需求端，8月份社会消费品零售总额同比增速较上月回落0.3个百分点至3.4%，回落幅度同样小于上月 的1.1个百分点；1至8月固定资产投资同比增长0.5%，增速较 ...

Core Insights - In July, profits of industrial enterprises above designated size decreased by 1.5% year-on-year, a narrowing of the decline by 2.8 percentage points compared to June, marking two consecutive months of improvement [1] - For the first 17 months of the year, total profits reached 40,203.5 billion yuan, down 1.7% year-on-year, with the decline narrowing by 0.1 percentage points compared to the first half of the year, indicating a continued improvement in corporate profitability [1] Profit Trends - The chief economist of China Minsheng Bank, Wen Bin, anticipates that as extreme weather disturbances dissipate, supply and demand will gradually normalize, leading to a mild recovery in industrial profits, with monthly year-on-year growth expected to turn slightly positive [5] - In July, the operating income of industrial enterprises above designated size grew by 0.9% year-on-year, and by 2.3% over the first 17 months, creating favorable conditions for profit recovery [6] Sector Performance - In July, the manufacturing sector saw a profit increase of 6.8% year-on-year, accelerating by 5.4 percentage points compared to June, significantly contributing to the overall profit recovery of industrial enterprises [7] - The raw materials manufacturing sector turned from a 5.0% decline in June to a profit increase of 36.9% in July, with the steel and petroleum processing industries achieving profits of 18.09 billion yuan and 3.46 billion yuan, respectively [7] - High-tech manufacturing profits surged by 18.9% in July, with notable growth in aerospace and semiconductor sectors, where profits increased by 40.9% and 176.1%, respectively [7][8] Small and Medium Enterprises (SMEs) - Profits of small and medium-sized enterprises showed significant improvement, with medium and small enterprises turning from declines of 7.8% and 9.7% in June to increases of 1.8% and 0.5% in July [9] - Private enterprises outperformed the national average, with a profit growth of 2.6% in July, indicating a positive impact from government policies aimed at supporting SMEs [10] Policy Impact - The improvement in SME profits is attributed to effective government measures such as tax reductions, subsidies, and enhanced financing support, which have improved the operating environment and profitability of these enterprises [10][13] - The Ministry of Industry and Information Technology plans to implement a new round of growth stabilization plans for key industries, including steel and non-ferrous metals, to further support industrial growth [17] Future Outlook - The industrial profit recovery is expected to continue, supported by policies aimed at expanding domestic demand and addressing external uncertainties, although challenges remain in foreign trade profitability [16] - The government is set to introduce new financial tools to support infrastructure and emerging industries, which may stabilize demand and enhance profit quality in the industrial sector [16][17]