中国经济“稳进新韧” 2025年GDP首超140万亿元

Economic Growth - In 2025, China's GDP reached 140,187.9 billion yuan, growing by 5% year-on-year, meeting the initial target set at the beginning of the year [1][2] - The GDP growth rate for the fourth quarter was 4.5%, a slowdown of 0.3 percentage points compared to the third quarter [1] Economic Contributions - In 2025, the contribution rates to economic growth from final consumption expenditure, capital formation, and net exports were 52.0%, 15.3%, and 32.7% respectively [4] - The total retail sales of consumer goods exceeded 50 trillion yuan, growing by 3.7% year-on-year, with service retail sales increasing by 5.5% [5] Industrial Production - The industrial added value reached 41.7 trillion yuan in 2025, growing by 5.8% year-on-year, contributing 35% to economic growth [6][7] - The manufacturing sector's added value was 34.7 trillion yuan, with a growth rate of 6.1%, maintaining a stable share of around 25% of GDP [6] Consumer Behavior - The share of service consumption in per capita consumption expenditure was 46.1% in 2025, indicating a shift towards service-oriented consumption [5] - The growth in service retail sales outpaced that of goods retail sales, reflecting changing consumer preferences towards personalized and high-quality services [5] Future Outlook - Despite challenges, the economic foundation remains strong, with opportunities expected to outweigh challenges in 2026 [1][3] - The focus for 2026 will be on enhancing industrial development and technological innovation, with expectations for industrial added value growth to reach approximately 4.9% [8][9]