Core Insights - China's refined copper (electrolytic copper) production in August 2025 reached 1.301 million tons, marking a year-on-year increase of 14.8% [1] - Cumulative production from January to August 2025 totaled 9.891 million tons, reflecting a year-on-year growth of 10.1% [1] Production Data Summary - Total production of ten non-ferrous metals in August was 6.978 million tons, with a cumulative total of 54.317 million tons, showing a year-on-year increase of 3.8% for the month and 3.1% cumulatively [2] - Refined copper (electrolytic copper) production for August was 1.301 million tons, with a cumulative total of 9.891 million tons, indicating a year-on-year increase of 14.8% for the month and 10.1% cumulatively [2] - Lead production in August was 667,000 tons, with a cumulative total of 5.116 million tons, reflecting a year-on-year increase of 3.7% for the month and 0.9% cumulatively [2] - Zinc production in August was 651,000 tons, with a cumulative total of 4.836 million tons, showing a significant year-on-year increase of 22.8% for the month and 5.4% cumulatively [2] - Primary aluminum (electrolytic aluminum) production in August was 3.800 million tons, with a cumulative total of 30.138 million tons, indicating a slight decrease of 0.5% for the month but a 2.2% increase cumulatively [2] - Aluminum alloy production in August was 1.635 million tons, with a cumulative total of 12.324 million tons, reflecting a year-on-year increase of 15.2% for the month and 15.3% cumulatively [2] - Copper products production in August was 2.222 million tons, with a cumulative total of 16.598 million tons, indicating a year-on-year increase of 9.8% for the month and 10.7% cumulatively [2] - Aluminum products production in August was 5.548 million tons, with a cumulative total of 43.790 million tons, showing a year-on-year decrease of 4.2% for the month and no change cumulatively [2]

数据亦显示，2025年8月，中国十种有色金属产量为698万吨，同比增长3.8%。1-8月累计产量为5432万 吨，同比增长3.1%。 国家统计局9月15日发布的数据显示，中国2025年8月原铝（电解铝）产量为380万吨，同比减少0.5%。 1-8月累计产量为3014万吨，同比增长2.2%。 ...

国家统计局9月15日发布的数据显示，中国2025年8月原铝（电解铝）产量为380万吨，同比减少0.5%。 1-8月累计产量为3014万吨，同比增长2.2%。 数据亦显示，2025年8月，中国十种有色金属产量为698万吨，同比增长3.8%。1-8月累计产量为5432万 吨，同比增长3.1%。 （文华综合） ...

2025年8月份十种有色金属产量为698万吨，同比增长3.8%，1-8月累计产量为5432万吨，累计同比增长 3.1%，其中8月份电解铝产量为380万吨，同比减少0.5%，1-8月电解铝产量为3014万吨，累计同比增长 2.2%。 ...

Economic Overview - In August, the national economy maintained overall stability and progressed steadily, with a focus on implementing the decisions of the central government and enhancing macro policy adjustments [30][38] - The industrial added value above designated size increased by 5.2% year-on-year in August, with a month-on-month increase of 0.37% [31][38] - From January to August, the industrial added value grew by 6.2% year-on-year [31][38] Industrial Performance - The mining industry saw a year-on-year increase of 5.1%, while the manufacturing sector grew by 5.7%, and the electricity, heat, gas, and water production and supply industry increased by 2.4% in August [31][38] - High-tech manufacturing and equipment manufacturing industries performed well, with growth rates of 9.3% and 8.1% respectively, surpassing the overall industrial growth [31][38] Product Output - Among 623 industrial products, 319 saw year-on-year output growth in August, including steel (12.3 million tons, +9.7%), ethylene (314,000 tons, +10.4%), and automobiles (2.752 million units, +10.5%) [7][31] - New energy vehicles experienced significant growth, with production increasing by 22.7% [31][38] Service Sector Growth - The service sector production index rose by 5.6% year-on-year in August, with notable growth in information transmission, software, and financial services [32][38] - The business activity index for the service sector was at 50.5, indicating expansion [32][38] Investment Trends - Fixed asset investment (excluding rural households) reached 326.111 billion yuan from January to August, with a year-on-year increase of 0.5% [34][38] - Manufacturing investment grew by 5.1%, while real estate development investment declined by 12.9% [34][38] Trade Performance - In August, the total value of goods imports and exports was 38,744 billion yuan, a year-on-year increase of 3.5%, with exports growing by 4.8% [35][38] - From January to August, the total value of goods imports and exports reached 295,696 billion yuan, with exports increasing by 6.9% [35][38] Employment and Price Trends - The urban survey unemployment rate was 5.3% in August, showing a slight increase from the previous month [36][38] - The Consumer Price Index (CPI) decreased by 0.4% year-on-year in August, while the industrial producer prices fell by 2.9% [37][38]

1—8月份，规模以上工业增加值同比增长6.2%。 据国家统计局，8月份，规模以上工业增加值同比实际增长5.2%（增加值增速均为扣除价格因素的实际增长率）。从环比看，8月份，规模以上工业增加值 比上月增长0.37%。1—8月份，规模以上工业增加值同比增长6.2%。 分三大门类看，8月份，采矿业增加值同比增长5.1%，制造业增长5.7%，电力、热力、燃气及水生产和供应业增长2.4%。 分经济类型看，8月份，国有控股企业增加值同比增长4.7%；股份制企业增长6.0%，外商及港澳台投资企业增长2.3%；私营企业增长4.6%。 分行业看，8月份，41个大类行业中有31个行业增加值保持同比增长。其中，煤炭开采和洗选业增长5.1%，石油和天然气开采业增长4.7%，农副食品加工业 增长4.7%，酒、饮料和精制茶制造业下降2.4%，纺织业增长1.5%，化学原料和化学制品制造业增长7.6%，非金属矿物制品业增长0.5%，黑色金属冶炼和压 延加工业增长7.3%，有色金属冶炼和压延加工业增长9.1%，通用设备制造业增长7.3%，专用设备制造业增长4.0%，汽车制造业增长8.4%，铁路、船舶、航 空航天和其他运输设备制造业增长12.0 ...

8月份，规模以上工业增加值同比实际增长5.2%（增加值增速均为扣除价格因素的实际增长率）。从环比看，8月份，规模以上工业增加值比上月增长 0.37%。1—8月份，规模以上工业增加值同比增长6.2%。 分三大门类看，8月份，采矿业增加值同比增长5.1%，制造业增长5.7%，电力、热力、燃气及水生产和供应业增长2.4%。 分经济类型看，8月份，国有控股企业增加值同比增长4.7%；股份制企业增长6.0%，外商及港澳台投资企业增长2.3%；私营企业增长4.6%。 分行业看，8月份，41个大类行业中有31个行业增加值保持同比增长。其中，煤炭开采和洗选业增长5.1%，石油和天然气开采业增长4.7%，农副食品加工业 增长4.7%，酒、饮料和精制茶制造业下降2.4%，纺织业增长1.5%，化学原料和化学制品制造业增长7.6%，非金属矿物制品业增长0.5%，黑色金属冶炼和压 延加工业增长7.3%，有色金属冶炼和压延加工业增长9.1%，通用设备制造业增长7.3%，专用设备制造业增长4.0%，汽车制造业增长8.4%，铁路、船舶、航 空航天和其他运输设备制造业增长12.0%，电气机械和器材制造业增长9.8%，计算机、通信和其他电子设备 ...

8月份，规模以上工业增加值同比实际增长5.2%（增加值增速均为扣除价格因素的实际增长率）。从环比看，8月份，规模以上工业增加值比上月增长 0.37%。1—8月份，规模以上工业增加值同比增长6.2%。 分三大门类看，8月份，采矿业增加值同比增长5.1%，制造业增长5.7%，电力、热力、燃气及水生产和供应业增长2.4%。 分经济类型看，8月份，国有控股企业增加值同比增长4.7%；股份制企业增长6.0%，外商及港澳台投资企业增长2.3%；私营企业增长4.6%。 分行业看，8月份，41个大类行业中有31个行业增加值保持同比增长。其中，煤炭开采和洗选业增长5.1%，石油和天然气开采业增长4.7%，农副食品加工业 增长4.7%，酒、饮料和精制茶制造业下降2.4%，纺织业增长1.5%，化学原料和化学制品制造业增长7.6%，非金属矿物制品业增长0.5%，黑色金属冶炼和压 延加工业增长7.3%，有色金属冶炼和压延加工业增长9.1%，通用设备制造业增长7.3%，专用设备制造业增长4.0%，汽车制造业增长8.4%，铁路、船舶、航 空航天和其他运输设备制造业增长12.0%，电气机械和器材制造业增长9.8%，计算机、通信和其他电子设备 ...

Group 1 - The core viewpoint of the article highlights the growth in the production of non-ferrous metals in China, with a reported output of 6.95 million tons in June 2025, reflecting a year-on-year increase of 4.4% [1] - In the first half of 2025, the cumulative production of ten types of non-ferrous metals in China reached 40.319 million tons, showing a cumulative growth of 2.9% [1] - The article references a market dynamics analysis report by Zhiyan Consulting, which covers the non-ferrous metal smelting and rolling processing industry in China from 2025 to 2031 [1] Group 2 - The listed companies in the non-ferrous metal sector include Zijin Mining (601899), Luoyang Molybdenum (603993), China Aluminum (601600), Northern Rare Earth (600111), Jiangxi Copper (600362), Yunnan Copper (000878), Chihong Zinc & Germanium (600497), Zhongjin Gold (600489), Western Mining (601168), and Shenghe Resources (600392) [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2] - The data sources for the article include the National Bureau of Statistics and Zhiyan Consulting [3]

Group 1: Retail Sales - In July 2025, the total retail sales of consumer goods reached 38,780 billion yuan, with a year-on-year growth of 3.7%. Excluding automobiles, retail sales amounted to 34,931 billion yuan, growing by 4.3% [2][4] - From January to July 2025, the total retail sales of consumer goods reached 284,238 billion yuan, with a growth rate of 4.8%. Excluding automobiles, retail sales were 257,014 billion yuan, growing by 5.3% [2][4] Group 2: Fixed Asset Investment - From January to July 2025, national fixed asset investment (excluding rural households) totaled 288,229 billion yuan, with a year-on-year growth of 1.6%. Private fixed asset investment decreased by 1.5% [5][6] - In July 2025, fixed asset investment (excluding rural households) decreased by 0.63% month-on-month [6] - By industry, the first industry saw an investment of 5,646 billion yuan (growth of 5.6%), the second industry 104,455 billion yuan (growth of 8.9%), and the third industry 178,128 billion yuan (decline of 2.3%) [6] Group 3: Industrial Production - In July 2025, the industrial added value of enterprises above designated size grew by 5.7% year-on-year, with a month-on-month increase of 0.38% [7][8] - From January to July 2025, the industrial added value increased by 6.3% year-on-year [8] - By sector, mining industry added value grew by 5.0%, manufacturing by 6.2%, and electricity, heat, gas, and water production and supply by 3.3% [8] Group 4: Energy Production - In July 2025, the production of crude oil was stable, with an output of 1,812 million tons, a year-on-year increase of 1.2% [17] - Natural gas production accelerated, reaching 216 billion cubic meters in July, with a year-on-year growth of 7.4% [19] - Electricity production increased by 3.1% year-on-year in July, totaling 9,267 billion kilowatt-hours [21]