China's economy, the pace of "advance" is firm and powerful.
Since the beginning of this year, facing the complex and severe situation of increasing external pressures and internal difficulties, the Party Central Committee with Comrade Xi Jinping at its core has united and led the people of all ethnic groups across the country to overcome difficulties and respond calmly. It has strengthened macroeconomic regulation, focused on deepening reforms and opening up, expanding domestic demand, and optimizing the economic structure. The overall operation of the Chinese economy has been stable, with progress made in stability, new forms of productive forces are being cultivated at a faster pace, and high-quality development is being steadily advanced.
All aspects remain steadfast in anchoring high-quality development, fully and accurately implementing the new development philosophy, developing new productive forces tailored to local conditions, and effectively promoting the cultivation and expansion of new driving forces, structural adjustments and optimizations, and continuous improvement in people's livelihoods.
In the first three quarters of this year, China's GDP reached () trillion yuan, with a year-on-year growth of .%, indicating a stable and progressive national economic operation, with accumulating positive factors.
From the perspective of the development of new productive forces, continuous technological innovation continues to empower, new fields and tracks are constantly expanding, and the momentum of high-end, intelligent, and green development in manufacturing is becoming increasingly evident. In the first three quarters, the added value of high-tech manufacturing and equipment manufacturing above a certain scale increased by .% and .% year-on-year, respectively, accounting for .% and .% of the added value of industries above a certain scale; the high-end industries such as aerospace and emerging industries like new energy vehicles are thriving, with photoelectronic devices, virtual reality equipment, and solar cells maintaining double-digit growth in production. The digital economy is burgeoning, artificial intelligence is accelerating development, and the added value of the information transmission, software, and information technology services industry increased by .% year-on-year.
From the perspective of green and low-carbon transformation, traditional industries are steadily advancing in energy conservation and carbon reduction, clean energy is developing rapidly, environmental quality is improving, and the "green content" of economic development is increasing. In the first three quarters, the proportion of non-fossil energy consumption in total energy consumption increased by 0.1 percentage points year-on-year; preliminary estimates show that the energy consumption per unit of added value in industrial enterprises above a designated size decreased by 0.2 percentage points more than in the first half of the year; the average proportion of days with good air quality in 339 cities at or above the prefecture level reached 85.7%, an increase of 0.1 percentage points year-on-year.
From the perspective of basic livelihood security, residents' income has continued to increase, the safety net has been steadily strengthened, and the standard of living for the people has further improved. In the first three quarters, the per capita disposable income of residents was yuan, a nominal increase of .% year-on-year, with per capita income from social relief and subsidies and per capita pensions or retirement benefits growing by .% and .%, respectively. The income growth rate of rural residents continued to outpace that of urban residents, with the ratio of per capita disposable income between urban and rural residents being ., narrowing by . year-on-year.