China’s gross domestic product reached d 140.19 trillion yuan in 2025, according to data released by the National Bureau of Statistics.
The economy expanded 5% year-on-year, with overall activity remaining stable throughout the year despite external and domestic pressures.
The services sector continued to anchor economic growth, accounting for more than 57% of total GDP and contributing over 60% of overall expansion.
Industrial production provided consistent support. Overall industrial output increased, with manufacturing performing better than broader industry.
Equipment manufacturing and high-tech manufacturing expanded faster than traditional sectors, supported by rising investment in machinery and tools.
Investment in equipment purchases rose by more than 10%, reflecting ongoing industrial upgrading.
Agricultural production remained stable. Grain output increased during the year, while livestock production capacity was maintained.
Agriculture, forestry, animal husbandry, and fisheries continued to provide a steady foundation for the economy, particularly in rural regions.
Domestic consumption played a central role in economic growth. Final consumption expenditure contributed around 52% of total growth, supported by policies aimed at encouraging spending.
Demand for both goods and services increased, with transport and service-related consumption continuing to recover.
Investment activity remained focused on key development areas. Capital formation contributed about 15% to economic growth, supported by infrastructure construction, major projects, and industrial upgrading.
Foreign trade continued to support the economy despite a challenging external environment. Net exports of goods and services accounted for over 30% of economic growth.
Shahriena Shukri is a journalist covering business and economic news in Malaysia, providing insights on market trends, corporate developments, and financial policies. More about Shahriena Shukri
