On February 28, the National Bureau of Statistics released the “Communiqué on National Economic and Social Development of the People’s Republic of China in 2025”. According to preliminary calculations, the gross domestic product (GDP) for the whole year reached 140.1879 trillion yuan, an increase of 5.0% over the previous year. The economic operation maintained a stable growth trend and achieved the expected development goals.

By industry, the added value of the primary industry was 9.3347 trillion yuan, an increase of 3.9% over the previous year; the added value of the secondary industry was 49.9653 trillion yuan, an increase of 4.5%; the added value of the tertiary industry was 80.8879 trillion yuan, an increase of 5.4%. The added value of the three industries accounted for 6.7%, 35.6% and 57.7% of GDP respectively, and the tertiary industry continued to play the role of “ballast stone” for economic growth.

From the demand side, final consumption expenditure drove GDP growth by 2.6 percentage points, gross capital formation drove growth by 0.8 percentage points, and net exports of goods and services drove growth by 1.6 percentage points. The three major demands worked together to support stable economic growth. By quarter, GDP increased by 5.4% year-on-year in the first quarter, 5.2% in the second quarter, 4.8% in the third quarter, and 4.5% in the fourth quarter, maintaining a stable growth rhythm throughout the year.

In addition, the per capita GDP for the whole year was 99,665 yuan, an increase of 5.1% over the previous year; the national total income was 139.37 trillion yuan, an increase of 5.1%; the total labor productivity was 184,413 yuan per person, an increase of 6.1%, indicating that the quality of economic development continued to improve. The statistical communiqué shows that China’s economy has strong resilience and sustained internal driving force, laying a solid foundation for the sustained and healthy economic development in 2026.