CCTV News: See the vitality through data, let’s take a look at a set of latest disclosed economic data.
China's e-commerce logistics index hit a new high this year
The China Federation of Logistics and Procurement announced on August 12 that China's e-commerce logistics index in July was 112.0 points, an increase of 0.2 points from the previous month, setting a new high this year. Among them, the strong growth of rural e-commerce consumption has become an important factor driving the index rise. The rural e-commerce logistics business volume index in July was 131.5 points, an increase of 1.1 points from the previous month. The "Summer Economy" became the main driving force for online sales growth in July. The sales popularity of sunscreen supplies, clothing, beverages and other categories has increased significantly.
From January to July, automobile production and sales achieved double-digit year-on-year growth
The reporter learned from the China Association of Automobile Manufacturers that from January to July, automobile production and sales reached 18.235 million and 18.269 million respectively, an increase of 12.7% and 12% year-on-year respectively. Among them, the production and sales of new energy vehicles reached 8.232 million and 8.22 million respectively, an increase of 39.2% and 38.5% year-on-year respectively, and the sales of new energy vehicles reached 45% of the total sales of new automobiles.
In terms of automobile exports, new energy vehicle exports have become the driving force for the growth of automobile exports. From January to July, 1.308 million new energy vehicles were exported, an increase of 84.6% year-on-year.
In the first half of this year, 13.278 million new business entities were established nationwide
The State Administration for Market Regulation released data on August 12, showing that in the first half of this year, 13.278 million new business entities were established nationwide. As of the end of June, there were 25.361 million registered "four new" economic enterprises nationwide, accounting for 40.2% of the total number of enterprises. With the popularity of domestic IPs around the world, the cultural industry has become the highlight of consumption growth in the first half of the year, and the growth rate of newly established "culture, sports and entertainment industries" enterprises is as high as 17.5%, ranking first in the national economic industry.
From September 1 this year, personal consumption loans can enjoy fiscal interest subsidies
In order to vigorously boost consumption and expand domestic demand in all aspects, on August 12, the Ministry of Finance, the People's Bank of China, and the State Administration for Financial Regulation issued the "Implementation Plan for the Financial Interest Subsidy Policy for Personal Consumption Loans".
According to the plan, from September 1, 2025 to August 31, 2026, the part of the personal consumption loan (excluding credit card business) issued by the loan agency is actually used for consumption, and the loan agency can identify the borrower's relevant consumption transaction information through the loan issuance account, and can enjoy the interest subsidy policy according to regulations. The interest subsidy scope includes consumption of less than 50,000 yuan per transaction, as well as consumption in key areas such as household cars, elderly care, education and training, cultural tourism, home decoration, electronic products, health and medical care, etc. For single consumption of more than 50,000 yuan, interest subsidies will be made based on the upper limit of the consumption of 50,000 yuan. After the policy expires, the policy period can be extended and the scope of support can be expanded depending on the implementation effect.
In terms of interest subsidy standards, the annual interest subsidy ratio is 1 percentage point (calculated based on the actual principal of personal consumption loans used for consumption that meet the conditions), and the maximum shall not exceed 50% of the loan contract interest rate. The central and provincial finances shall bear 90% and 10% of the interest subsidy funds respectively. The interest rate of the loan contract needs to comply with the corresponding interest rate self-discipline agreement. During the policy implementation period, the cumulative interest subsidy limit for all personal consumption loans that each borrower can enjoy in a loan agency is 3,000 yuan (corresponding to the cumulative consumption amount that meets the conditions of 300,000 yuan), of which the cumulative interest subsidy limit for a single personal consumption loan of less than 50,000 yuan is 1,000 yuan (corresponding to the cumulative consumption amount that meets the conditions of 100,000 yuan).
According to the plan, the loan agency includes 6 large state-owned commercial banks including ICBC and Agricultural Bank of China; 12 national joint-stock commercial banks including CITIC Bank and Everbright Bank, as well as 5 other personal consumption loan issuing institutions including Shenzhen Qianhai WeBank and Chongqing Ant Consumer Finance Co., Ltd.