China's GDP expands 5.0% in 2025, meeting annual growth target

China's gross domestic product (GDP) totaled 140.19 trillion yuan ($20.1 trillion) in 2025 and expanded 5.0 percent from the previous year, meeting the country's annual growth target of around 5 percent, data released by the National Bureau of Statistics (NBS) showed on Monday.

The data also showed that per capita disposable income nationwide rose by 5.0 percent from a year earlier, reflecting steady improvements in household incomes.

Consumption continued to expand, with total retail sales of consumer goods reaching 50.12 trillion yuan in 2025, up 3.7 percent year on year. Online retail sales maintained faster growth, rising 8.6 percent to 15.97 trillion yuan.

On the production side, China's value-added industrial output increased by 5.9 percent year on year in 2025. In December alone, industrial output grew 5.2 percent from a year earlier, according to the NBS.

Kang Yi, commissioner of the National Bureau of Statistics, said at a press briefing on Monday that despite complex changes in the domestic and external economic environment over the past year, China's economy pressed ahead under pressure while moving toward new drivers and higher quality, adding the country successfully fulfilled its main economic and social development targets for the year.