Economic Overview - In 2025, China's GDP reached 140.19 trillion yuan, growing by 5.0% year-on-year, successfully meeting the annual growth target of around 5% [5][26] - The economic growth exhibited a "front high, back low" trend, characterized by strong supply and weak demand [5] Industrial Performance - The industrial added value in 2025 was 41.7 trillion yuan, increasing by 5.8%, with manufacturing added value at 34.7 trillion yuan, growing by 6.1% [7][11] - High-tech manufacturing and equipment manufacturing saw significant growth, with added values increasing by 9.4% and 9.2% respectively [8][11] - New energy vehicle production exceeded 16 million units, maintaining the global lead for 11 consecutive years [11] Service Sector Growth - The service sector's added value reached 80.89 trillion yuan, growing by 5.4%, accounting for 57.7% of GDP [11][21] - Modern service industries such as information technology and business services experienced double-digit growth rates of 11.1% and 10.3% respectively [11] Trade and Consumption - China's total goods trade reached 45.47 trillion yuan, growing by 3.8%, with exports at 26.99 trillion yuan, increasing by 6.1% [15][24] - Retail sales of consumer goods totaled 50.12 trillion yuan, growing by 3.7%, with service retail sales outpacing goods retail sales [18][21] Investment Trends - Fixed asset investment (excluding rural households) was 48.52 trillion yuan, declining by 3.8%, with infrastructure investment down by 2.2% and real estate investment down by 17.2% [21][24] - Investment in high-tech industries such as information services and aerospace manufacturing grew by 28.4% and 16.9% respectively [21] Future Outlook - The government plans to implement a package of fiscal and financial policies to stimulate domestic demand in 2026, creating favorable conditions for economic growth [5][27] - The focus will be on enhancing the competitiveness of Chinese products, diversifying export markets, and upgrading export product structures [27][28]

中国经济 中国经济2025年全年成绩单今天揭晓 5.0%的经济增速 为这份成绩单注入了不少的含金量 六个关键字 帶您看懂2025年中国经济成绩单亮点 中国经济Up/ 2025年经济发展向新向优 预期目标圆满实现 初步核算,全年国内生产总值 40187 按不变价格计算 比上年增长5.0% 中国经济UP y 粮食增产主收 畜牧业稳定增长 全年全国粮食总产量 A 片 100 比上年增长1.2% 全年猪牛羊禽肉产量 7 - 100 比上年增长4.2% 首次超过1亿吨 and and 奥樱 中国经济Up 服务业平稳增长 现代服务业发展良好 全年服务业增加值比上年增长 全年全国规模以上工业增加值 比上年增长 信息传输、软件和信息技术服务业, 租赁和商务服务业增加值 分别增长11.1%、10.3% ■ 10 装备制造业增加值增长 9 中国经济 0 i T 高技术制造业增加值增长 工业生产较快增长 装备制造业和高技术制造业 = 增势较好 = 3D打印设备、工业机器人、新能源汽车产品产量 分别增长52.5%、28.0%、25.1% 中国经济 · 市场销售规模扩大 服务零售较快增长 全年社会消费品零售总额 比上年增长3.7% 全 ...

Economic Overview - In 2025, China's GDP reached 14,018.79 billion yuan, growing by 5.0% year-on-year at constant prices [1] - The first, second, and third industries contributed 93.35 billion yuan (3.9%), 499.65 billion yuan (4.5%), and 808.88 billion yuan (5.4%) respectively to the GDP [1] Agricultural Production - National grain production totaled 714.88 million tons, an increase of 0.838 million tons (1.2%) from the previous year [3] - Meat production reached 100.72 million tons, a 4.2% increase, with pork production at 59.38 million tons (4.1% growth) [3] Industrial Growth - The industrial added value for large-scale enterprises grew by 5.9%, with manufacturing increasing by 6.4% and high-tech manufacturing by 9.4% [5] - The production of 3D printing equipment, industrial robots, and new energy vehicles saw significant increases of 52.5%, 28.0%, and 25.1% respectively [5] Service Sector Performance - The service sector's added value grew by 5.4%, with notable growth in information transmission (11.1%) and rental and business services (10.3%) [5] - The revenue of large-scale service enterprises increased by 7.8% year-on-year [5] Consumer Market - Total retail sales of consumer goods reached 501.20 billion yuan, growing by 3.7% [7] - Online retail sales amounted to 159.72 billion yuan, an 8.6% increase, with physical goods online retail at 130.92 billion yuan (5.2% growth) [7] Investment Trends - Fixed asset investment (excluding rural households) decreased by 3.8% to 485.19 billion yuan, with manufacturing investment growing by 0.6% [9] - High-tech industries, particularly information services and aerospace manufacturing, saw investment growth of 28.4% and 16.9% respectively [9] Trade and Export - Total goods import and export reached 454.69 billion yuan, a 3.8% increase, with exports growing by 6.1% [11] - High-tech product exports increased by 13.2% [11] Price Stability - The Consumer Price Index (CPI) remained stable year-on-year, with food prices decreasing by 0.7% [13] - Core CPI, excluding food and energy, rose by 0.7%, reflecting a slight increase in inflationary pressure [13] Employment and Income - The urban unemployment rate averaged 5.2%, with a slight decrease to 5.1% in December [15] - Per capita disposable income reached 43,377 yuan, a nominal increase of 5.0% [17]

2025年是"十四五"规划收官之年，在以习近平同志为核心的党中央坚强领导下，各地区各部门深入贯彻 落实党中央、国务院决策部署，坚持稳中求进工作总基调，完整、准确、全面贯彻新发展理念，加快构 建新发展格局，实施更加积极有为的宏观政策，纵深推进全国统一大市场建设，国民经济运行总体平 稳，经济发展向新向优。 一、经济总量再上新台阶，全年增长目标圆满实现 三、国内需求不断释放，外贸韧性持续彰显 消费需求平稳增长。消费品以旧换新等提振消费政策协同发力，消费需求持续释放，消费市场保持平稳 增长。2025年，最终消费支出对经济增长贡献率为52.0%。其中，四季度最终消费支出对经济增长贡献 率为52.9%。 投资结构持续优化。"两重"建设加快推进，重点领域投资增长较快，积极发挥投资在扩内需、优供给、 惠民生方面的关键作用。2025年，资本形成总额对经济增长贡献率为15.3%。其中，四季度资本形成总 额对经济增长贡献率为16.0%。 净出口彰显较强韧性。面对复杂的外部环境，我国外贸结构持续优化，进出口实现平稳增长，对经济增 长的支撑作用较强。2025年，货物和服务净出口对经济增长贡献率为32.7%。其中，四季度货物和服务 净出 ...

Group 1 - The service industry in 2025 showed a significant growth, with a value added of 808,879 billion yuan, representing a 5.4% increase from the previous year. The contribution rate of the service industry to national economic growth was 61.4%, up by 3.7 percentage points from the previous year [2] - In the fourth quarter of 2025, the service industry added value reached 215,948 billion yuan, with a year-on-year growth of 5.2%, contributing 63.2% to economic growth [2] - The revenue of large-scale service enterprises increased by 7.8% year-on-year from January to November 2025, with notable growth in cultural arts, research and development, and business services [2] Group 2 - Service consumption expanded steadily, with service retail sales growing by 5.5% year-on-year in 2025, outpacing the growth of goods retail sales by 1.7 percentage points. Per capita service consumption expenditure increased by 4.5% [3] - The modern service industry, including information technology and business services, continued to thrive, with value added in information transmission and software services growing by 11.1% and 10.3%, respectively [4] - Emerging service industries showed enhanced leadership, with strategic emerging services and high-tech services seeing revenue growth of 9.9% and 8.6%, respectively, from January to November 2025 [5] Group 3 - The service industry maintained a high level of openness, with service trade imports and exports totaling 72,023.7 billion yuan from January to November 2025, a year-on-year increase of 7.1%. Travel service exports surged by 51.3% [6] - The business activity index for the service industry averaged 50.1 in 2025, indicating continued expansion. The index for postal, telecommunications, and financial services remained above 55.0, reflecting robust growth [7] - Market expectations improved, with the business activity expectation index for December rising to 56.4, indicating increased confidence among service enterprises [7]

资，民间投资下降1.9%。高技术产业中，信息服务业，航空、航天器及设备制造业投资分别增长28.4%、 16.9%。12月份，固定资产投资（不含农户）环比下降1.13%。 康义强调，总的来看，2025年国民经济顶住多重压力保持稳中有进发展态势，高质量发展取得新成效。但也 要看到，外部环境变化影响加深，国内供强需弱矛盾突出，经济发展中老问题、新挑战仍然不少。下阶段， 要坚持稳中求进、提质增效，实施更加积极有为的宏观政策，持续扩大内需、优化供给，做优增量、盘活存 量，因地制宜发展新质生产力，纵深推进全国统一大市场建设，推动经济实现质的有效提升和量的合理增 长，确保"十五五"开好局、起好步。 九派新闻特派记者 代梦颖 武菲菲 北京报道 编辑 王佳箐 吴迪 【来源：九派新闻】 1月19日上午10时，国务院新闻办公室举行新闻发布会，介绍2025年国民经济运行情况。会上，国家统计局局 长康义表示，2025年经济发展向新向优，预期目标圆满实现。国民经济运行顶压前行、向新向优，高质量发 展取得新成效，经济社会发展主要目标任务圆满实现，"十四五"胜利收官。 国家统计局局长康义。图/国新网 康义介绍，初步核算，全年国内生产总值14 ...

Core Insights - The core viewpoint of the article highlights the growth of China's service industry, with a projected increase in value added by 5.4% in 2025 compared to the previous year [1] Group 1: Service Industry Growth - The value added in the information transmission, software, and IT services sector is expected to grow by 11.1% [1] - The leasing and business services sector is projected to increase by 10.3% [1] - The transportation, warehousing, and postal services sector is anticipated to grow by 5.2% [1] - The wholesale and retail sector is expected to see a growth of 5.0% [1] - The accommodation and catering sector is projected to grow by 4.9% [1] Group 2: Production and Business Activity Indices - In December, the service production index increased by 5.0% year-on-year [1] - The production indices for the information transmission, software, and IT services sector, leasing and business services sector, and financial sector grew by 14.8%, 11.3%, and 6.5% respectively [1] - From January to November, the operating revenue of large-scale service enterprises increased by 7.8% year-on-year [1] Group 3: Business Activity Indices - The business activity index for the service industry in December was 49.7%, up by 0.2 percentage points from the previous month [1] - The business activity expectation index for the service industry rose to 56.4%, an increase of 0.5 percentage points [1] - Industries such as telecommunications, broadcasting, television, satellite transmission services, monetary financial services, and capital market services all had business activity indices above 60.0%, indicating a high level of prosperity [1]

1月19日，国家统计局局长康义在国新办新闻发布会上表示，从开年以来，生产价格预期都出现了积极 变化，经济稳中有进的态势在持续。 2025年12月份，规模以上服务业增加值、服务业生产指数同比增速均比上月有所加快；核心 CPI涨幅也连续4个月保持在1%以上，PPI同比降幅收窄，环比连续三个月回升；制造业PMI 和非制造业商务活动指数双双重回扩张区间。 从政策支撑看，国常会部署实施财政金融协同的一揽子政策。扩大内需，"两新"政策也在不断优化，这 些都为今年经济的起步创造了有利条件。 从2026年全年看，我国经济长期向好的支撑条件和基本趋势没有改变，高质量发展的大势没有改变，有 基础、有条件保持经济稳定向好运行。 国家统计局局长康义在国新办新闻发布会上介绍，2025年最终消费支出对经济增长贡献率超过五成。 康义在国新办新闻发布会上介绍，2025年我国研发经费投入强度达到2.8%，比上年提高了0.11个百分 点，首次超过了OECD国家水平，我国创新指数排名也首次进入全球前十。 1月19日，国家统计局公布数据显示，2025年全年国内生产总值1401879亿元，按不变价格计算，比上年 增长5.0%。分季度看，一季度国内生产 ...

Core Insights - China's total electricity consumption is projected to reach 10,368.2 billion kilowatt-hours by 2025, marking the first time a single country surpasses the 10 trillion kilowatt-hour threshold globally [1][2] - The growth in electricity consumption is driven by the tertiary sector and urban-rural residential electricity use, contributing to 50% of the overall increase [1] Industry Analysis - The first industry electricity consumption is expected to be 149.4 billion kilowatt-hours, with a year-on-year growth of 9.9% [1] - The second industry will consume 6,636.6 billion kilowatt-hours, showing a year-on-year growth of 3.7% [1] - The third industry is projected to consume 1,994.2 billion kilowatt-hours, with a year-on-year growth of 8.2% [1] - Urban and rural residential electricity consumption is anticipated to reach 158.8 billion kilowatt-hours, growing by 6.3% year-on-year [1] Growth Drivers - High-end manufacturing is expected to become a key growth point for electricity consumption, with electric vehicle and wind power equipment manufacturing sectors seeing growth rates exceeding 20% and 30%, respectively [2] - The rapid development of the digital economy and emerging technologies is driving a significant increase in electricity demand, with new infrastructure such as charging stations and 5G base stations contributing to over 30% growth in internet and related services electricity consumption [2] - The charging and swapping service industry is projected to see nearly 50% year-on-year growth in electricity consumption [2]

2025年，面对国内外经济环境的复杂变化，在以习近平同志为核心的党中央坚强领导下，各地区各部门 深入贯彻落实党中央、国务院决策部署，坚定不移贯彻新发展理念、推动高质量发展，统筹国内国际两 个大局，统筹发展和安全，实施更加积极有为的宏观政策，纵深推进全国统一大市场建设，国民经济运 行顶压前行、向新向优，高质量发展取得新成效，经济社会发展主要目标任务圆满实现，"十四五"胜利 收官。 初步核算，全年国内生产总值1401879亿元，按不变价格计算，比上年增长5.0%。分产业看，第一产业 增加值93347亿元，比上年增长3.9%；第二产业增加值499653亿元，增长4.5%；第三产业增加值808879 亿元，增长5.4%。分季度看，一季度国内生产总值同比增长5.4%，二季度增长5.2%，三季度增长 4.8%，四季度增长4.5%。从环比看，四季度国内生产总值增长1.2%。 一、粮食增产丰收，畜牧业稳定增长 全年全国粮食总产量71488万吨，比上年增加838万吨，增长1.2%。其中，夏粮产量14975万吨，下降 0.1%；早稻产量2851万吨，增长1.2%；秋粮产量53662万吨，增长1.5%。分品种看，小麦产量14007 ...