Economic Overview - In 2025, China's GDP reached 140.19 trillion yuan, marking a 5% increase year-on-year, successfully achieving the annual growth target of around 5% [2][3] - The quarterly GDP growth rates were 5.4% in Q1, 5.2% in Q2, 4.8% in Q3, and 4.5% in Q4, indicating a gradual decline in growth momentum towards the end of the year [2][3] Economic Structure and Performance - The industrial added value in 2025 was 41.7 trillion yuan, growing by 5.8%, while the service sector's added value reached 80.89 trillion yuan, increasing by 5.4% and accounting for 57.7% of GDP [3] - High-tech industries maintained rapid growth, with the added value of high-tech manufacturing accounting for 17.1% of industrial added value [5] Trade and Investment - Total goods trade reached 45.47 trillion yuan, a 3.8% increase, with exports at 26.99 trillion yuan (up 6.1%) and imports at 18.48 trillion yuan (up 0.5%) [3] - Fixed asset investment (excluding rural households) was 48.52 trillion yuan, down 3.8%, with a notable decline in infrastructure, manufacturing, and real estate investments [3][4] Consumer Behavior - Retail sales of consumer goods totaled 50.12 trillion yuan, growing by 3.7%, indicating a need for improved consumer sentiment despite a slight increase from the previous year [3][4] - Service retail sales grew by 5.5%, outpacing goods retail sales, reflecting a shift towards service consumption [6] Policy Measures and Future Outlook - In response to economic pressures, the government plans to implement proactive macroeconomic policies in 2026, focusing on boosting consumption and stabilizing investment [7][8] - The central bank has introduced measures to lower financing costs and enhance credit support for key sectors, aiming to stimulate economic growth [7][8] - The emphasis will be on expanding domestic demand and addressing local fiscal challenges to ensure a balanced economic recovery [9]
中国GDP首破140万亿
Xin Lang Cai Jing·2026-01-19 23:21