China's economy expanded by 5.3% year-on-year in the first half of 2025, reaching 66.05 trillion yuan ($9.24 trillion), according to data released Tuesday by the National Bureau of Statistics. The growth underscores resilience in the world's second-largest economy amid global uncertainties.
Industrial Output Strengthens
Industrial production rose 6.4% during the January-June period, signaling sustained momentum in manufacturing and strategic sectors. Analysts attribute this to advancements in green energy, high-tech industries, and infrastructure investments.
Rural Incomes Outpace Urban Growth
Per capita disposable income grew 5.3% nominally to 21,840 yuan, with rural residents seeing a 6.2% real-term income increase—outpacing urban areas (4.7%). This narrowing income gap highlights progress in China’s rural revitalization efforts.
The data positions China as a stabilizing force in Asia’s economic landscape, offering insights for investors monitoring regional markets and policymakers assessing development trends.
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Chart of the Day: China's GDP expands 5.3% year on year in H1 2025
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