China's GDP surpassed the 140 trillion yuan mark in 2025, growing by 5%! The National Bureau of Statistics released data on the 19th, indicating that during the "14th Five-Year Plan" period, China's total economic output achieved "four consecutive leaps," successively surpassing the 110 trillion, 120 trillion, 130 trillion, and 140 trillion yuan thresholds. Horizontally, China's contribution to global economic growth is expected to reach around 30% this year, making it the most stable and reliable engine for the world economy. Over the past extraordinary year, the Chinese economy has navigated challenges, adapted to difficulties, and pursued innovation and excellence, achieving new results in high-quality development and successfully fulfilling the main targets for economic and social development. The foundation is more solid, and the resilience is stronger. Such a large economic scale corresponds to tangible productive forces. China's grain output has stabilized above 1.4 trillion jin for two consecutive years, the value added of the manufacturing sector has remained the world's largest for 16 consecutive years, and the share of the service sector's value added in GDP has risen to 57.7%. Possessing the world's largest and most extensive network infrastructure, these factors provide a solid foundation and strong support for China to withstand risks and achieve steady, long-term progress. During the "14th Five-Year Plan" period, China's economy grew at an average annual rate of 5.4%, significantly exceeding the world average and continuing to lead among major global economies. Despite severe disruptions to the world trade order, China has cleared the fog, becoming a major trading partner for over 150 countries and regions. The total value of goods trade imports and exports exceeded 45 trillion yuan for the first time in 2025, and China is expected to maintain its position as the world's largest goods trading nation. Pursuing innovation, excellence, and building strength through accumulation. This year, China's innovation index ranking entered the global top ten for the first time, and its R&D expenditure intensity reached 2.8%, surpassing the average level of OECD countries for the first time. From the successful maiden flight of the "Jiutian" drone to the "star-chasing" journey of Tianwen-2, from the official commissioning of the first electromagnetic aircraft carrier to the CR450 EMU setting new "China speed" records, major national projects have frequently reported successes, with a surge of original and disruptive innovations continuously enhancing the nation's technological prowess. The low-altitude economy is "soaring high," embodied intelligence demonstrates "agile thinking and deft action," and the momentum for industrial innovation is gathering strength. New energy vehicles accounted for over 50% of domestic new car sales, while the output of civil drones and industrial robots increased by 37.3% and 28% year-on-year, respectively... Continued investment and expansion in emerging fields such as high-end equipment, green energy, and smart manufacturing demonstrate the accumulated results of the integrated development of technological innovation and industrial innovation. Vitality is emerging, and warmth is ever-present. Total retail sales of consumer goods exceeded 50 trillion yuan for the first time, growing 3.7% year-on-year, as "buy, buy, buy" offered more novel experiences this year. Retail sales for new retail models like unmanned stores and warehouse membership stores maintained double-digit growth, while digital technologies like artificial intelligence became deeply integrated into consumption scenarios. The silver economy, ice-snow economy, and launch economy continued to heat up. The national per capita disposable income increased by 5.0% year-on-year, the urbanization rate reached 67.89%, and positive progress was made in livelihood sectors such as elderly care, child care, and healthcare. More equitable and accessible basic public services address immediate and practical concerns, while effective livelihood safeguards allow the warm烟火 (yānhuǒ, lit. smoke and fire; fig. vibrancy of daily life) of people's lives to continue rising. This year marks the beginning of the "15th Five-Year Plan" period. China's economy boasts a stable foundation, multiple advantages, strong resilience, and vast potential; the supporting conditions and fundamental trend of long-term improvement remain unchanged. Practice has proven that the giant ship of the Chinese economy can withstand the tests of wind and waves, even storms and tempests, and is destined to sail towards broader horizons.
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