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Live Updates  >  Live Update Details

2025-10-28 19:54:23

[Ministry of Agriculture and Rural Affairs: Rural Domestic Demand Potential Effectively Unleashed] Rural domestic demand potential has been effectively unleashed. Farmers' income and consumption continued to grow. Per capita disposable income of rural residents reached 17,686 yuan, a 6% year-on-year increase; per capita consumption expenditure reached 14,597 yuan, a 5.8% increase. Agricultural investment has steadily expanded. In the first three quarters, fixed asset investment in the primary industry reached 734.4 billion yuan, a year-on-year increase of 4.6%, 5.1 percentage points higher than the national average growth rate of fixed asset investment. Furthermore, the trade deficit in agricultural products continued to narrow, reaching US$230.06 billion in the first three quarters. Of this total, imports amounted to US$155.57 billion, a year-on-year decrease of 5.8%, while exports amounted to US$74.49 billion, an increase of 1.4%. The trade deficit remained at US$81.08 billion, a decrease of 11.7%.

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