Guangzhou (JLC), July 15, 2025--China's gross domestic product (GDP) expanded by 5.3% year on year in the first half (H1) of 2025, according to the latest data released by the National Bureau of Statistics (NBS) on July 15.
The country's GDP reached 66.05 trillion yuan (about 9.24 trillion US dollars) in H1, the NBS data shows.
The national economy managed to sustain steady growth in the period because of more proactive policies, despite facing challenges such as the ongoing trade war with the United States. It is on track to meet the growth target of around 5% for 2025.
In the second quarter of this year, China's GDP rose by 5.2% year on year, slowing down from the 5.4% growth in the first quarter.
The value added by the primary industry gained 3.7% year on year to roughly 3.12 trillion yuan in H1; that by the secondary industry increased by 5.3% to about 23.91 trillion yuan; and that by the tertiary industry mounted by 5.5% to 39.03 trillion yuan, the data indicates.
The country's value-added industrial output, an important economic indicator, moved up by 6.4% year on year in the period.
Retail sales of goods, a key measurement of consumer spending, inflated by 5.0% year on year to 24.55 trillion yuan in the first two quarters.
The investment in fixed assets went up by 2.8% year on year to 24.87 trillion yuan. By sector, the investment in infrastructure construction climbed by 4.6%, that in manufacturing grew by 7.5%, but that in real estate development tumbled by 11.2%, the NBS said.
The investment in the primary and secondary industries surged by 6.5% and 10.2%, while that in the tertiary industry fell by 1.1%.
The value of China's imports and exports hit about 21.79 trillion yuan in H1, up by 2.9% from the corresponding period of time last year. Its exports gained 7.2% to 13.0 trillion yuan, while its imports declined by 2.7% to 8.79 trillion yuan.
