Data released on the 19th by the National Bureau of Statistics showed that China's Gross Domestic Product (GDP) for 2025 reached 140.1879 trillion yuan, marking the first time it has surpassed the new threshold of 140 trillion yuan, representing a year-on-year growth of 5.0% calculated at constant prices.
At a press conference held by the State Council Information Office the same day, Commissioner Kang Yi of the National Bureau of Statistics stated that throughout 2025, facing complex changes in both domestic and international economic conditions, the national economy advanced under pressure, steering toward innovation and excellence, achieving new results in high-quality development, and successfully accomplishing the main targets and tasks for economic and social development, culminating in the successful conclusion of the 14th Five-Year Plan period.
Taking a data-driven perspective to assess the trends, the trajectory of China's economic growth and strengthening became increasingly distinct over the year. A detailed examination of the 2025 report card reveals that China's economy is accelerating its transition from the accumulation of 'quantity' toward the enhancement of 'quality,' boasting greater confidence and stronger resilience in its pursuit of high-quality development.
Recently, several international institutions have cast their 'vote of confidence' regarding the fundamentals of the Chinese economy in 2026 and the prospects for Chinese assets. It is essential to firm up confidence, maintain strategic focus, build consensus, strengthen internal capabilities, intensify innovation-driven development, deepen reform and opening-up, continuously fortify the domestic cycle, promote effective qualitative improvement and reasonable quantitative growth in the economy, and strive for a successful start to the 15th Five-Year Plan period.
Comments