China says GDP grew 5% in 2025, among weakest expansions in decades | Business and Economy


BREAKING,

The world’s second-largest economy grew 4.5 percent in the final quarter, data shows.

China’s economy grew 5 percent in 2025, hitting Beijing’s annual target even as it registered one of the weakest expansions in decades, according to official statistics.

The Chinese economy grew in line with official expectations despite US President Donald Trump’s trade war, official data showed on Monday, as surging exports helped offset weak consumer spending and a prolonged property downturn.

Still, despite shrugging off Trump’s tariffs, growth was still well below the recent historical trend of about 8 percent between 2000 and 2025.

The world’s second-largest economy slowed to an annualised 4.5 percent in the October-December period, compared with expansions of 4.8 percent year and 5.2 percent, respectively, in the third and second quarters.

“Generally speaking, the national economy sustained momentum of steady progress in 2025 despite multiple pressures, and high-quality development registered new achievements,” China’s National Bureau of Statistics said in a statement.

“However, we must be aware that the impact of changes in the external environment is growing, the contradiction of strong supply and weak demand in the domestic market is prominent, and the numerous longstanding issues and new challenges still remain in the economic development.”

Consumption and real estate, both persistent drags on China’s economy, continued to weigh on growth.

Retail sales grew 0.9 percent on a yearly basis in December, the slowest gain since Beijing lifted its ultra-strict COVID-19 controls in late 2022, according to official figures.

Fixed-asset investment fell 3.8 percent across the year, with spending on real estate development specifically declining by 17.2 percent, according to the figures.



Source link

  • Related Posts

    Is Trump’s choice for US Fed chair a ‘chameleon’ or a ‘solid’ pick? | Banks News

    Dovish. Judicious. A chameleon. Those are just some of the terms being used to describe Kevin Warsh, President Donald Trump’s pick to be the next chairman of the Federal Reserve,…

    UN nuclear watchdog discusses Ukraine nuclear safety risks | Nuclear Energy News

    Russian attacks on Ukraine’s electrical substations could cut power to nuclear plants, increasing risks of meltdown. Published On 30 Jan 202630 Jan 2026 Click here to share on social media…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    First-ever WHO Forum unites 800+ Collaborating Centres for stronger scientific collaboration

    First-ever WHO Forum unites 800+ Collaborating Centres for stronger scientific collaboration

    WHO and France shift One Health vision to action with new high-impact initiatives

    WHO and France shift One Health vision to action with new high-impact initiatives

    “Together for health. Stand with science.” to mark World Health Day

    “Together for health. Stand with science.” to mark World Health Day

    WHO Member States agree to extend negotiations on key annex to the Pandemic Agreement

    WHO Member States agree to extend negotiations on key annex to the Pandemic Agreement

    Encouraging progress in inclusive health policies for refugees and migrants

    Encouraging progress in inclusive health policies for refugees and migrants

    WHO recommends new diagnostic tools to help end TB

    WHO recommends new diagnostic tools to help end TB