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Highlights of China's economic performance in Q1 2025
China's economy got off to a good start in the first quarter of 2025, as its GDP grew 5.4% year on year, the National Bureau of Statistics said at a press conference Wednesday. Here are more highlights.
April 16, 2025 -
Official: Domestic demand contributes to 80% of China's economic growth
A senior official of China's National Bureau of Statistics said during a press conference Wednesday that the country has the confidence and capabilities to address external challenges. He said China is undergoing a major shift in its economic development model, moving away from reliance on investment and export to a focus on domestic demand and innovation. Domestic demand has contributed to over 80% on average of economic growth over the past five years.
April 17, 2025 -
Economy off to good start with growth of 5.4% in Q1
China's economy expanded 5.4 percent year-on-year in the first quarter of 2025, official data showed on Wednesday, beating market expectations and marking a good start for the year amid uncertainties triggered by the United States' tariff policy.
April 17, 2025 -
Chinese economy firms up recovery in Q1, ready to navigate uncertainties
China's economy started 2025 on solid footing, bolstered by a structural shift toward domestic demand and innovation, positioning the country to better weather global uncertainties.
April 17, 2025 -
Official: US tariff hikes won't change China's long-term positive growth prospects
U.S. tariff increases on Chinese products will exert some pressure on China's trade and economy in the short term, but won't alter the Chinese economy's long-term positive trajectory, a senior official with the National Bureau of Statistics (NBS) said Wednesday.
April 16, 2025 -
China's GDP expands 5.4% year on year in Q1
China's gross domestic product (GDP) grew 5.4 percent year on year in the first quarter of 2025, data from the National Bureau of Statistics (NBS) showed Wednesday.
April 16, 2025 -
China's Q1 fixed-asset investment accelerates with private sector reporting growth
China's fixed-asset investment went up 4.2 percent year on year in the first quarter of 2025, 1 percentage point higher than the full-year growth rate of 2024, official data showed Wednesday.
April 16, 2025 -
China's retail sales up 4.6% in Q1
China's retail sales of consumer goods, a major indicator of the country's consumption strength, expanded 4.6 percent year on year in the first quarter of 2025, official data showed Wednesday.
April 16, 2025 -
China's industrial production grows at faster pace amid economic recovery
China's value-added industrial output expanded 6.5 percent year on year in the first quarter of 2025, official data showed on Wednesday.
April 16, 2025 -
China's per capita disposable income up 5.5% in Q1
China's per capita disposable income increased by 5.5 percent year on year in nominal terms in the first quarter (Q1) of 2025, official data showed on Wednesday.
April 16, 2025