中国经济“稳进新韧”

Core Viewpoint - China's GDP for 2025 reached 140 trillion yuan, achieving a growth rate of 5%, meeting the initial target set at the beginning of the year [2][3]. Economic Growth - The GDP growth rate for 2025 was consistent with the previous year, with quarterly growth rates of 5.4%, 5.2%, 4.8%, and 4.5% respectively [3][4]. - The contribution rates of final consumption expenditure, gross capital formation, and net exports to economic growth were 52.0%, 15.3%, and 32.7% respectively for the year [5]. Industrial Production - Industrial production value reached 41.7 trillion yuan, growing by 5.8%, contributing 35% to economic growth [7][8]. - The manufacturing sector's output increased by 6.1%, maintaining a stable share of around 25% of GDP [7][8]. Consumer Trends - Retail sales of consumer goods surpassed 50 trillion yuan, with a growth rate of 3.7%, indicating a shift towards service consumption [5][6]. - Service consumption accounted for 46.1% of per capita consumer spending, with significant growth in sectors like tourism and entertainment [6]. Future Outlook - Despite challenges, the economic foundation remains strong, with expectations for steady growth in 2026 supported by various favorable conditions [2][4]. - The focus for 2026 will be on enhancing industrial quality and promoting technological innovation to sustain economic stability [10].