China’s gross domestic product (GDP) reached 140187.9 billion yuan in 2025, presenting a year-on-year increase of 5.0% on a constant-price basis, according to the data released by the National Bureau of Statistics on January 19.
“2025 featured the complicated and changeable economic situation at home and abroad. Under pressure, China’s economy advanced in an innovative and promising way. The nation made new achievements in the high-quality development, with the major economic and social targets achieved at the conclusion of the nation’s 14th Five-Year Plan period (2020-2025), expressed by Kang Yi -- the director of the National Bureau of Statistics at the news conference.
In quarterly terms, the nation’s GDP grew by 5.4% in the first quarter, by 5.2% in the second quarter, by 4.8% in the third quarter and 4.5% in the fourth quarter.
In 2025, the nation was persistently on its path of high-quality development, characterized by the promising tendency of the economic development. In the year, the high-tech manufacturing enterprises above designated size (20 million yuan) generated 17.1% of the added value of the above-designated-size industrial sector, while contributing to 50% of the nation’s economic growth. The goods import and export volume went up 3.8% year on year. With the effective and mighty guarantee for the livelihood, the disposable income per capita surged in the same pace of the economic development -- 5.0%.
“Noting that the growing influence of the external and changing situation and the deteriorating tensions between the internal demand and supply, the nation’s economic development are confronted with the long-existing problems and new challenges”, Kang stated. And, in the next stage, the nation should carry out more proactive and effective macro policies, to consistently expand the internal demands, optimize the supply, trigger new and positive growth contributors and make full use of the existing ones, so as to develop the new quality productive force practically, to deeply fuel the unified national market and to promote the effective and reasonable growth in the economic quality and quantity, hence ensuring a great start of the 15th Five-Year Plan period (2026-2030).
Reference: Xinhua
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