BEIJING – China’s economy sustained a trajectory of stable expansion in 2025, with key annual data revealing solid GDP growth alongside resilient industrial output and a continued rise in household income, underscoring the economy’s underlying strength amid a complex global environment.
Official figures show the nation’s gross domestic product (GDP) grew by 5.0 percent year-on-year in 2025, reaching a record 140.1879 trillion yuan (approximately $20.01 trillion U.S. dollars). This performance aligns with policy objectives for high-quality development, highlighting the economy’s capacity to maintain moderate growth during a period of strategic transition.
A standout performer was the industrial sector, where value-added output expanded by a robust 5.9 percent, indicating sustained momentum in manufacturing and production. The services sector, a critical driver of employment and consumption, also posted a healthy gain of 5.4 percent.
On the demand side, domestic consumption showed steady recovery. Retail sales of consumer goods, a key gauge of consumption strength, increased by 3.7 percent to 50.12 trillion yuan (about $7.15 trillion).
Household incomes continued to outpace economic growth, providing a foundation for long-term consumption potential.
The per capita disposable income for Chinese residents rose by 5.0 percent in nominal terms to 43,377 yuan (roughly $6,192), reinforcing a trend of improving living standards and shared economic gains.
