China’s gross domestic product (GDP) grew 5.2% year on year in the first three quarters of 2025, data from the National Bureau of Statistics (NBS) showed Monday.

In the third quarter, the country’s GDP expanded 4.8% year on year, according to the NBS. 

In the first nine months of this year, China’s industrial output increased by 6.2% compared to the same period last year.

A breakdown of the data showed that the added value of the equipment manufacturing industry increased by 9.7% year on year, and that of the high-tech manufacturing industry rose by 9.6%. 

China’s total value of imports and exports of goods was up by 4% in the first nine months. Exports led the overall expansion, surging 7.1% year on year, as imports saw a slight decrease of 0.2%.

The country’s retail sales of consumer goods went up 4.5% year on year in the first three quarters, while value-added service output rose by 5.4%.

In the first three quarters, the consumer price index (CPI) dropped by 0.1% year on year. The core CPI, which excludes the prices of food and energy, continued to rise, growing by 0.6% year on year – 0.2 percentage point faster than in the first half of 2025. 

The Chinese economy demonstrated strong resilience and vitality, sustaining a steady development momentum with progress against pressure, as production and supply grew steadily, and new growth drivers showed stable development, according to the NBS. 

There are solid foundations and supportive measures for the country to achieve its economic goals for the year of 2025, said a spokesperson from the NBS.

CGTN

Additional reporting by Xinhua

Source link