Saturday, July 25, 2026
28.3 C
Abuja

China’s GDP Expands 5.2% In First Three Quarters of 2025

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

China’s GDP reached over 101.5 trillion yuan (about 14.3 trillion U.S. dollars) in the first three quarters, NBS data showed.

In the third quarter, the country’s GDP expanded 4.8 percent year on year.

The tertiary industry expanded 5.4 percent year on year in the first three quarters, outpacing a 3.8 percent increase of the primary industry and a 4.9 percent increase of the second industry.

On a quarterly basis, China’s economy expanded 1.1 percent in the third quarter, according to the NBS.

Since the beginning of the year, China’s economic development has withstood pressure and achieved hard-won, remarkable progress, said a spokesperson with the NBS, adding that economic operation has maintained overall stable performance with steady growth.

In the first nine months of this year, China’s value-added industrial output increased by 6.2 percent compared to the same period last year. In September, the output expanded 6.5 percent year on year, with manufacturing and mining sectors posting rapid growth.

China’s value-added service output rose to nearly 59.3 trillion yuan in the first three quarters, accounting for 58.4 percent of GDP, 0.8 percentage points higher than that in the same period last year.

China’s retail sales of consumer goods went up 4.5 percent year on year to nearly 36.59 trillion yuan in the first three quarters. In September, the retail sales of consumer goods rose 3 percent year on year to 4.2 trillion yuan.

The country’s per capita disposable income reached 32,509 yuan during the January-September period, marking a 5.2 percent year-on-year increase after deducting price factors.

The surveyed urban unemployment rate on average in China stood at 5.2 percent in the first three quarters. The rate went down 0.1 percentage point from August to 5.2 percent in September.

China’s fixed-asset investment dropped 0.5 percent year on year to about 37.2 trillion yuan in the first three quarters.

Hot this week

The future of AI depends on sharing innovation, not restricting it

Source: Xinhua Artificial intelligence (AI) is reshaping economies, industries and...

Xi Proposes Four AI Governance Principles, Announces 5,000 Training Opportunities

Chinese President Xi Jinping has unveiled a comprehensive vision...

From the Silk Road to the Sahara: Why the Dikwa–Gamboru/Ngala and Bama–Banki Roads Could Transform Africa’s Trade Future

By Mukhtar Imam When historians recount the world’s greatest trade...

ACCBCF, Parallex Bank Explore Strategic Partnership to Boost China–Africa Trade

The Chairman of the Africa-China Chairmen of Business Council...

The CPC @105: Lessons for African Development and Political Leadership

By Amjad M. Nyei I studied in China from 2008...

Topics

The future of AI depends on sharing innovation, not restricting it

Source: Xinhua Artificial intelligence (AI) is reshaping economies, industries and...

Xi Proposes Four AI Governance Principles, Announces 5,000 Training Opportunities

Chinese President Xi Jinping has unveiled a comprehensive vision...

ACCBCF, Parallex Bank Explore Strategic Partnership to Boost China–Africa Trade

The Chairman of the Africa-China Chairmen of Business Council...

The CPC @105: Lessons for African Development and Political Leadership

By Amjad M. Nyei I studied in China from 2008...

Xi Hails CPC’s 105-Year Legacy, Reaffirms Vision for National Rejuvenation

Chinese President Xi Jinping on Wednesday hailed the 105-year...

From Revolution to Rejuvenation: 105 Years of the Communist Party of China and Lessons for Africa

Prof Mukhtar Imam In the annals of modern history, few political...
spot_img

Related Articles

Popular Categories

spot_imgspot_img