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Home China

China’s GDP grows 5.3% in H1 2025

News Desk by News Desk
July 15, 2025
in China
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China’s GDP grows 5.3% in H1 2025
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China’s gross domestic product (GDP) grew by 5.3 percent year-on-year in the first half of 2025, according to data released by the National Bureau of Statistics (NBS) on Tuesday.

The country’s total GDP reached approximately 66.05 trillion yuan (around 9.24 trillion U.S. dollars) during this period, as per the NBS figures.

In the second quarter alone, GDP growth stood at 5.2 percent compared to the same period last year.

Among the three major industries, the service sector led with a 5.5 percent growth in the first half, surpassing the 3.7 percent rise in the primary sector and 5.3 percent in the secondary sector.

On a quarterly basis, the economy expanded by 1.1 percent in Q2.

According to NBS Deputy Head Sheng Laiyun, the Chinese economy showed steady progress despite mounting pressures, supported by a more proactive macroeconomic policy since the beginning of the year and better-than-expected performance in key indicators.

Industrial output rose 6.4 percent in the first half, driven by strong gains in equipment and high-tech manufacturing sectors.

Retail sales of consumer goods increased by 5 percent year-on-year, accelerating slightly from the first quarter’s growth rate.

Fixed-asset investment also showed positive momentum with a 2.8 percent rise, particularly bolstered by investment in the manufacturing industry.

The labor market remained stable, with the average urban unemployment rate dropping slightly to 5.2 percent in the first half.

Per capita disposable income rose to 21,840 yuan, up 5.3 percent in nominal terms and 5.4 percent in real terms after adjusting for inflation.

Sheng described the overall economic performance as “highly valuable,” noting sustained growth and resilience despite growing external challenges and global uncertainties in the second quarter.

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