The Chinese mainland’s economy grew by 5.2% year-on-year in the first quarter of 2025, according to a press briefing by the State Council Information Office (SCIO) on Thursday. Sheng Laiyun, deputy commissioner of the National Bureau of Statistics, outlined key trends, citing resilience in manufacturing, technology innovation, and green energy investments as primary growth drivers.
Despite global economic uncertainties, domestic consumption rose 4.8%, supported by targeted stimulus measures. Sheng highlighted a 12% surge in high-tech industrial output and a 9.3% increase in renewable energy capacity, aligning with broader climate goals. However, he acknowledged challenges in real estate stabilization and export demand fluctuations.
Notably, rural revitalization initiatives contributed to a 3.1% rise in agricultural output, while cross-border e-commerce with ASEAN nations grew 18%. Analysts project cautious optimism for Q2, with fiscal policies expected to prioritize job creation and tech self-reliance.
