AGP Executive Report
Last update: 9 hours agoConsumption Push: China’s new infrastructure guidelines target upgraded markets, logistics, travel facilities and digital networks to link investment with household spending. Services Trade: Trade in services rose 8.5% to 5.77 trillion yuan in the first nine months; transport services led growth, up 33.9%. Robotics: Nearly 90 teams tested robots on Mount Tai’s steep 3.9-kilometer route. But the humanoid sector faces a shakeout: one forecast says at least 15% of makers could fail or merge within three years as commercial uptake trails production. Property: More than 90 listed developers lost a combined 53.2 billion yuan in the first three quarters, while revenue fell 25%, underscoring the sector’s deep adjustment. Gold: Consumption edged up 0.28% to 684.6 tonnes, driven by a 26.3% jump in bar and coin demand as jewelry use fell sharply.
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