China's economy expanded by 5.3% year-on-year in the first half of 2025, according to data released by the National Bureau of Statistics (NBS), showcasing robust resilience amid global trade tensions and protectionist measures. The growth, driven by strategic market diversification and export adaptability, underscores the country's ability to navigate complex economic challenges.
Despite tariff pressures from key trading partners, China's total import and export value rose 2.9% during the January-June period, with exports climbing 7.2%. This performance highlights the effectiveness of Beijing's efforts to strengthen trade ties with emerging markets. The General Administration of Customs (GAC) reported that China now engages with 61 trade partners boasting bilateral trade volumes exceeding 50 billion yuan ($6.9 billion) – a five-partner increase from 2024.
Analysts attribute this resilience to China's proactive expansion into new markets across Asia, Africa, and Latin America. While exports to traditional Western partners declined due to geopolitical friction, trade with over 190 countries and regions grew steadily. This shift aligns with broader initiatives to deepen regional economic integration through platforms like the Belt and Road Initiative.
The NBS emphasized that sustained industrial upgrading and technological innovation remain central to China's growth strategy. As global supply chains reconfigure, the world's second-largest economy continues to play a pivotal role in stabilizing international trade flows and fostering multilateral cooperation.
Reference(s):
5.3 percent proves China's economic resilience against headwinds
cgtn.com