China's economy expanded by 5.3% year-on-year during the first six months of 2025, according to official data released Tuesday by the National Bureau of Statistics. The growth figure underscores the resilience of the world's second-largest economy amid evolving global market conditions.
Key drivers included a 6.1% increase in high-tech manufacturing output and a 7.4% rise in renewable energy infrastructure investment. Consumer spending showed steady recovery, with retail sales growing 4.8% in Q2 following targeted stimulus measures.
Analysts note the growth aligns with China's focus on innovation-driven development and green transition initiatives. 'The numbers reflect effective policy coordination supporting strategic industries while maintaining macroeconomic stability,' said Dr. Li Wei, an economist at Peking University.
The report comes as Asian markets show increased integration, with cross-border trade between the Chinese mainland and ASEAN members rising 9.2% in H1. Observers will watch for potential impacts on regional supply chains and investment flows ahead of key APEC economic meetings this fall.
Reference(s):
cgtn.com