Stable situation, multiple advantages, and positive trend - looking at the "momentum" of the Chinese economy
2025-08-13
How to view "and" how to do it "are two fundamental issues in economic work. The situation determines the task, and opinions determine the approach. General Secretary Xi Jinping pointed out: "We must correctly grasp the situation, enhance our awareness of potential risks, adhere to bottom line thinking, make good use of development opportunities, potentials, and advantages, consolidate and expand the positive momentum of economic recovery." The Politburo meeting of the CPC Central Committee held on July 30 pointed out that since the beginning of this year, "China's economic operation has made steady progress and achieved new results in high-quality development," while emphasizing that "the current economic operation of China still faces many risks and challenges. The current Chinese economy is characterized by good momentum and many challenges. Correctly grasping the situation, adhering to the principle of seeking progress while maintaining stability, firmly grasping the primary task of high-quality development, and doing a good job in economic work in accordance with the new development concept are epistemology, methodology, and action guidelines. Looking at the situation - steady progress and steady improvement. The Politburo meeting of the CPC Central Committee pointed out that "major economic indicators have performed well" and "China's economy has shown strong vitality and resilience". Observing the economic situation in China, ports are an important window. The blue waves ripple and the sea and sky merge into one color. At present, 42 container berths at Zhoushan Port in Ningbo, Zhejiang are filled with giant cargo ships, and more than 300 shipping routes are tightly woven into a network, connecting over 600 ports in more than 200 countries and regions. The shipment volume is rapidly recovering, and new routes are gradually being launched. ”The relevant person in charge of Ningbo Zhoushan Port Group said. In the first half of this year, the container throughput of Ningbo Zhoushan Port exceeded 20 million TEUs, reaching this number 15 days earlier than last year. Foreign trade is warming up, and practitioners of freight forwarding companies have a deep understanding. The increasing demand in the European and American markets, coupled with the gradual decline in freight rates on the US East and US West routes, has helped push foreign trade forward under pressure. ”The person in charge of Ningbo Port Southeast Logistics Group said. The incremental contribution of emerging markets is significant, especially with a significant increase in shipments in Southeast Asia and South America markets. ”Kong Zehao, Deputy General Manager of Ningbo World Trade International Trade Co., Ltd., experienced the charm of a diversified market. The warming trend in foreign trade stems from enterprises seeking innovation and change. Lin Yin, the general manager of Ningbo Fulong Synchronous Belt Co., Ltd., said that after the new product debuted at the Hanover Industrial Fair in Germany, international orders have poured in, and hundreds of orders are being expedited for shipment. The proportion of the North American market has declined, emerging markets have quickly filled the gap, and overall revenue has continued to increase. ”The production line of Ningbo Zhongrui Import and Export Co., Ltd. is running at full capacity, "said Wu Haiying, the company's general manager. Looking at the whole country from Ningbo Zhoushan Port, in the first half of the year, China's foreign trade showed strong resilience in the storm, with the import and export scale firmly standing at the level of 20 trillion yuan, and exports increasing by 7.2% year-on-year. High quality hardcore products. The export of high-end equipment increased by over 20%, the export of "new three types" products increased by 12.7%, and the export of industrial robots increased by 61.5%... In the first half of the year, the export value of electromechanical products accounted for 60% of the total export value. The market is diverse and stable. In the first half of the year, China achieved growth in imports and exports to over 190 countries and regions, with 61 partners having trade volumes exceeding 50 billion yuan, an increase of 5 compared to the same period last year. The improvement of product competitiveness is a key factor for China's export to rise against the trend. ”Liu Yuanchun, President of Shanghai University of Finance and Economics, said that in the face of changes in external demand, the hedging effect of current policies, as well as the elasticity, resilience, and advantages of exports, can support the fundamental foundation of China's economy. Consumption, investment, and exports are the three driving forces behind economic growth. The performance of the Chinese economy is improving, thanks to the resilience of exports, as well as the prosperity of consumption and stable investment. Consumption is recovering and improving. In the first half of the year, the total retail sales of consumer goods in China increased by 5% year-on-year, while the retail sales of services increased by 5.3% year-on-year. The contribution rate of final consumption to economic growth reached 52%. Driven by a series of policies to expand domestic demand and promote consumption, the consumer market is becoming more active and the situation is improving, which means that the development of consumption in the second half of the year is supported. ”Yang Daoling, a researcher at the National Information Center, said. Investment is steadily expanding. In the first half of the year, the national fixed assets investment increased by 2.8% year on year; Excluding the impact of price factors, the year-on-year growth was 5.3%. Among them, manufacturing investment increased by 7.5% year-on-year, driving a total investment growth of 1.8 percentage points. Looking at the whole year, stable investment has a foundation and leverage. As the real estate market continues to move towards stabilizing, new quality productivity is flourishing, and the mutual promotion between investment and consumption is strengthened, it will release vast investment space. ”Du Yue, a researcher at the China Institute of Macroeconomics, said. Since the beginning of this year, the economic performance has not come easily. The 5.3% growth has laid a good foundation for achieving the annual economic and social development goals and tasks, and has also strengthened our confidence. ”Zhou Chen, Director of the National Economic Comprehensive Department of the National Development and Reform Commission, said. Looking at advantages - institutional, market, industrial system, and talent resource advantages are more prominent. The meeting of the Political Bureau of the Central Committee of the Communist Party of China pointed out that "the advantages of the socialist system with Chinese characteristics, the advantages of a super large market, the advantages of a complete industrial system, and the advantages of abundant talent resources are more prominent. Understanding China's economic advantages provides a perspective for the accelerated evolution of humanoid robots. On July 26th, the 2025 World Artificial Intelligence Conference arrived as scheduled. Walking on the scene feels like stepping into a 'robot planet': some are agile in running and dancing, skilled in fighting and street dance; Some fingers are nimble, able to write and adjust drinks; Some of them are interactive and lively, love chatting, and can think... Within the 70000 square meter exhibition area, more than 60 intelligent robots are showcasing their abilities. Being immersed in it, one cannot help but sigh: robots make rapid progress! From appearing on the Spring Festival Gala and dancing yangko, to running the "man-machine co run" half marathon, and to industrial robots with autonomous decision-making capabilities, robots are accelerating their practical application in China. Evolution accelerates, why did it happen? Wide demand and strong supply go hand in hand. Evolved 3 generations in 13 months. From sharing brains among robots, achieving collective intelligence, division of labor and collaboration, to robots autonomously changing batteries and achieving uninterrupted battery replacement, the iteration speed of Ubiquitous is astonishing. All upgrades come from the needs of the factory. ”According to Jiao Jichao, Vice President of Ubiquitous Technology, its robots have entered training programs at companies such as Geely Automobile, BYD, Foxconn, and SF Express. Market demand is the most effective incentive for enterprises to invest in research and development. As the world's second-largest economy, the large-scale and diversified market demand provides an ideal testing ground for various innovative activities. Data shows that China's industrial robots have been applied in 71 major industries and 236 medium industries of the national economy, and the density of manufacturing robots has risen to the third highest in the world. Deep integration of technological innovation and industrial innovation. Assuming you are a humanoid robot entrepreneur, how do good ideas turn into good products? The precision reducer developed using dual ring transmission enables robots to have flexible joints; By assembling the visual sensors manufactured by Obi Zhongguang, the robot can achieve 3D visual recognition; By installing high-energy density batteries from CATL, the endurance of robots can be significantly improved... With a complete industrial system, innovation can be quickly implemented. Efficient market and proactive government work together. Research and draft the "Opinions on Deepening the Implementation of the 'Artificial Intelligence+' Action", plan to establish relevant industry funds, and set up a humanoid robot data training center... The development policies of the robot industry will continue to be improved and implemented. Under policy guidance, various venture capital institutions and equity investment funds are accelerating their layout. There is also the wisdom contributed by abundant talent resources. The number of artificial intelligence researchers has reached 52000, making it the second largest gathering place for artificial intelligence talents in the world. The abundant talent resources provide strong support for technological innovation. By 2024, China's robot patent applications will account for two-thirds of the global robot patent applications, making it the largest holder of artificial intelligence patents in the world. The advantages of the socialist system with Chinese characteristics, the advantage of a super large market, the advantage of a complete industrial system, and the advantage of abundant talent resources are stacked together to form a synergy, helping China's robotics industry to enter the forefront of the world. This synergy has symbolic significance. In today's China, talent, the first resource, has made a qualitative leap. In the past, our talent advantage was mainly reflected in a large number of high-quality workers and entrepreneurs. More than 200 million skilled workers and over 60 million highly skilled talents have effectively promoted industrial transformation and upgrading. At present, talent advantages are not only reflected in high-quality workers and entrepreneurs. From innovative engineers to fruitful researchers, China's advantage in science and technology innovation talents is gradually emerging. The full-time equivalent of R&D personnel ranks first in the world, the number of highly cited scientists ranks second in the world, the proportion of high-level scientific and technological talents in the world reaches 28%, jumping to the top in the world, and the annual number of STEM graduates exceeds 5 million... With the full integration of scientific and technological innovation talents into the innovation ecosystem, the "engineer dividend" is accelerating, and the Chinese economy is accelerating the transformation of potential advantages into real productivity, injecting strong impetus into high-quality development. Apple CEO Tim Cook sighed and said, "The talent pool in China is amazing. I am optimistic about the Chinese market, where anything is possible. The production and sales of new energy vehicles have been ranked first in the world for 10 consecutive years, with a year-on-year growth of over 40% in the first half of the year; The high-speed railway has set an international benchmark, and the CR450 high-speed train prototype has successfully reached speed; Commercial aerospace is accelerating its development, and the market size is expected to exceed 2.5 trillion yuan this year... By leveraging its unique advantages, seeking innovation, upgrading, and promoting transformation, China's economic development momentum is stronger and its development advantages are more consolidated. Looking at the trend - the supporting conditions and basic trends for long-term improvement have not changed. The meeting of the Political Bureau of the CPC Central Committee pointed out that "China's economic foundation is stable, with many advantages, strong resilience, and great potential. The supporting conditions and basic trends for long-term improvement have not changed. To analyze the trend of the Chinese economy, the city scenery around the people is the most intuitive. The bright moon is coming, ten miles away from Qinhuai River, with colorful lights reflecting the water, and visitors weaving around. Roaming by boat, the light and shadow theater composed of holographic images and intangible cultural heritage lights is a sight that spans thousands of years. New quality productivity+culture "brings new vitality to old scenic spots. On the banks of the Qinhuai River in Nanjing, Jiangsu Province, an old house along the river has been transformed into a cultural themed homestay, with blue bricks and small tiles, and hanging corridors. It is difficult to find a room on holidays. The combination of urban renewal and culture has brought a new atmosphere to old neighborhoods. In the surrounding neighborhoods, there is a wave of new consumption activities such as rubbings of famous monuments, restoration of ancient books, and immersive experiential parks. "New consumption scene+culture", let China-Chic promote new growth points. Data shows that in the first half of the year, Nanjing Confucius Temple Pedestrian Street received a total of 28.91 million visitors, a year-on-year increase of 12.15%. A trip to Qinhuai witnessed the vitality of China's consumer market, the potential of service consumption, the mutual promotion of investment and consumption, and the empowering effect of "culture+economy". The new pattern of China's economy relying on domestic demand and innovation driven is taking shape. ”Sheng Laiyun, Deputy Director of the National Bureau of Statistics, said. Over the past four years, the average contribution rate of domestic demand to China's economic growth has reached 86.4%; The contribution rate of technological progress has exceeded 60%. Domestic demand will be more awesome. Policy relay, releasing dividends. The list of 800 billion yuan "dual" construction projects has been fully issued, promoting the orderly implementation of a large number of "hard investment" projects; The third batch of 69 billion yuan funds for exchanging old for new consumer goods has been issued, and the remaining funds will be issued in October. Ensuring people's livelihood and enhancing potential. With the implementation of the special action to boost consumption, policies have been launched from both the supply and demand sides, including the introduction of childcare subsidy programs, continued adjustments to the basic pension for retirees, optimization of the supply of "one elderly and one small" services, promotion of ice and snow consumption, and development of inbound consumption, enabling ordinary people to consume and dare to consume
Edit:Yao jue Responsible editor:Xie Tunan
Source:People's Daily
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