The Chinese economy grew by 5% in 2025, the same pace as last year and meeting the government’s target. Growth was supported by strong exports, as companies diversified shipments to Europe and Latin America to offset weak domestic consumption and US tariffs. Total goods trade reached RMB 45.47 trillion, with exports up 6.1% and imports 0.5%. Private firms accounted for 57.3% of trade. The primary sector expanded 3.9%, the secondary sector 4.5%, while the services sector led growth at 5.4%, with IT & software (+11.1%) and leasing & business services (+10.3%) performing particularly strongly. Industrial value-added rose 5.9%, driven by equipment (+9.2%) and high-tech manufacturing (+9.4%). Retail sales grew 3.7% (online +8.6%), but fixed-asset investment fell 3.8% amid overcapacity and cautious household spending. Analysts expect growth of around 5% in 2026, though weak domestic demand could constrain upside. source: National Bureau of Statistics of China

Full Year GDP Growth in China remained unchanged at 5 percent in 2025 from 5 percent in 2024. Full Year GDP Growth in China averaged 8.08 percent from 1953 until 2025, reaching an all time high of 21.30 percent in 1958 and a record low of -27.30 percent in 1961. This page includes a chart with historical data for China Full Year GDP Growth. China Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Full Year GDP Growth in China remained unchanged at 5 percent in 2025 from 5 percent in 2024. Full Year GDP Growth in China is expected to reach 4.70 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Full Year GDP Growth is projected to trend around 4.50 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 5.00 5.00 percent Dec 2025
GDP 18743.80 18270.36 USD Billion Dec 2024
GDP Growth Rate YoY 5.00 4.50 percent Mar 2026
GDP Constant Prices 335748.70 1345690.20 CNY Hundred Million Mar 2026
GDP from Agriculture 11940.80 93346.80 CNY Hundred Million Mar 2026
GDP from Construction 13632.10 86425.10 CNY Hundred Million Mar 2026
GDP from Manufacturing 116134.90 416826.00 CNY Hundred Million Mar 2026
GDP from Services 206117.20 808879.30 CNY Hundred Million Mar 2026
GDP from Transport 14638.00 62092.10 CNY Hundred Million Mar 2026
GDP Growth Rate 1.30 1.20 percent Mar 2026
Gross Fixed Capital Formation 537875.60 523590.30 CNY Hundred Million Dec 2024
Gross National Income 1393700.00 1339672.00 CNY Hundred Million Dec 2025


China Full Year GDP Growth
In China, the Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 21.30 -27.30 1953 - 2025 percent Yearly
NSA

News Stream
China to Boost Service Sector with Fiscal Support, Reform Push
China will step up state backing to expand capacity and upgrade quality in the service sector, as it deepens reforms, taps technology, and broadens opening-up to drive growth. The National Development and Reform Commission said Tuesday that Beijing will also sustain support for higher-end manufacturing and efforts to improve living standards. New guidelines aim to grow the service sector to CNY 100 trillion by 2030, focusing on narrowing supply-demand gaps, expanding service provision, and fostering new growth drivers, particularly in services trade. Further, authorities will strengthen producer services through an “AI plus software” push to spur new models and upgrade industrial software. In consumer services, the focus will be on richer cultural and tourism offerings, new consumption scenarios, and tighter regulation to meet rising demand.
2026-04-29
China Data Points to Firm Start to 2026 Despite External Risks
China posted a solid start to 2026, with key activity indicators exceeding expectations in the combined January–February period, according to the National Bureau of Statistics. Industrial output and retail sales both grew faster than forecast, highlighting momentum in manufacturing and consumer spending. Fixed-asset investment also surprised on the upside, rising 1.8% against market calls for a 0.4% decline. Meantime, the surveyed jobless rate averaged 5.3%, unchanged from the same period a year earlier, suggesting broadly stable labor market conditions. Despite the upbeat data, the agency cautioned that challenges remain. It warned of intensifying external pressures, elevated geopolitical risks, and persistent domestic structural issues. Some enterprises continue to face operational strains amid the country’s economic transition. The statistics bureau stressed that policymakers must balance sustaining growth momentum with strengthening resilience in an uncertain global environment.
2026-03-16
China Targets 4.5%–5% Growth in 2026, Maintains Fiscal Support
China set its 2026 economic growth target at 4.5%–5%, the lowest level goal since 1991, and after keeping an “around 5%” target for the past three years. During the opening of the annual legislative session Thursday, Premier Li Qiang said Beijing aims to sustain momentum after the economy met its 2025 target, helped by resilient exports despite trade tensions with the U.S. To underpin growth, Beijing will keep the fiscal deficit at 4.0% of GDP and set a consumer inflation target of around 2.0%, signaling efforts to ward off deflation after prices were flat last year amid weak demand. Stabilizing employment remains a priority, with plans to create 12 million urban jobs and cap the jobless rate at 5.5%, unchanged from 2025. In addition, local governments will be allowed to issue CNY 4.4 trillion in special-purpose bonds to fund investment projects. At the same time, CNY 1.3 trillion of ultralong treasury bonds will also be issued, matching last year’s quota to reinforce fiscal support.
2026-03-05