Group 1 - The core viewpoint is that despite the sluggish real estate sector leading to insufficient domestic demand, China has still achieved the government's growth target of around 5% for GDP in 2025, with the actual growth rate remaining stable at 5.0% compared to 2024 [1] - The nominal GDP growth rate for 2025 is projected to be 4.0%, which is a slowdown from 4.2% in 2024, indicating ongoing deflationary pressures as nominal growth has been lower than real growth for three consecutive years [3] - The actual GDP growth for the last quarter of 2025 (October to December) is expected to be 4.5%, surpassing market predictions of 4.4%, while the growth for July to September was recorded at 4.8% [3] Group 2 - The seasonally adjusted quarter-on-quarter growth rate is 1.2%, an increase from 1.1% in the previous quarter, translating to an annualized growth rate of approximately 4.9% based on practices in developed countries [5] - The nominal GDP growth for the last quarter of 2025 is projected to be 3.8% [5]
中国2025年GDP实际增长5.0%
日经中文网·2026-01-19 03:03