Published July 15, 2025 3:01 am est
by Richard F. Cason, 
Editor in Chief,
NewsMovesmarketsForex®
Key Issues-
- China’s economy demonstrated resilience in the first half of 2025, With GDP reaching 66,053.6 billion yuan, reflecting a year-on-year increase of 5.3% at constant prices
- Second quarter GDP growth slowed slightly to 5.2%, down from 5.4% in the first quarter
- Agricultural sector saw stable production, with summer grain output reaching 149.74 million tons, marking a solid harvest
- Industrial output also showed positive signs, expanding by 6.8% in June compared to the previous year
- Analysts warn of mounting pressures from both domestic and international fronts, including a sluggish property market, high youth unemployment, and persistent deflationary trends.
China’s Economy Shines: 5.3% Growth in 1st Half 2025
According to the National Bureau of Statistics of China, the economy demonstrated resilience in the first half of 2025.
China’s gross domestic product (GDP) reaching 66,053.6 billion yuan, reflecting a year-on-year increase of 5.3% at constant prices.
This growth was supported by various sectors, with the primary industry contributing 3,117.2 billion yuan (up 3.7%).
The secondary industry at 23,905.0 billion yuan (up 5.3%), and the tertiary industry at 39,031.4 billion yuan (up 5.5%) 3.
Second quarter GDP growth slowed slightly to 5.2%, down from 5.4% in the first quarter
In the second quarter alone, GDP growth slowed slightly to 5.2%, down from 5.4% in the first quarter.
Quarter-on-quarter, the economy expanded by 1.1% 5. Despite the slowdown, the figures surpassed economists’ expectations, who had predicted a growth rate of 5.1% for the second quarter 3.
China’s Agricultural Sector Experienced Stable Summer Production
The agricultural sector saw stable production, with summer grain output reaching 149.74 million tons, marking a solid harvest.
The value added from agriculture rose by 3.7% year-on-year, indicating steady growth in crop farming.
Industrial output also showed positive signs, expanding by 6.8% in June compared to the previous year, which exceeded forecasts.
However, retail sales growth slowed to 4.8% in June, down from 6.4% in May, highlighting ongoing challenges in consumer spending.
The real estate sector, in particular, has faced significant declines, with investment dropping by 11.2% in the first half of the year.
Policymakers are urged to implement stronger support measures to stabilize the economy and boost consumer confidence.
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Source: National Bureau of Statistics of China https://www.stats.gov.cn/english/PressRelease/202507/t20250715_1960408.html
