Official data released on Monday showed that China’s economy grew by 5% in 2025, achieving the government’s target.
A statement by China’s National Bureau of Statistics said that gross domestic product exceeded 140 trillion yuan (about $20 trillion) over the past year.
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It added that the national economy expanded by 5%, meeting the government’s annual target of around 5%.
The statement noted that China’s GDP—of the world’s second-largest economy after the United States—surpassed 140 trillion yuan, equivalent to $20 trillion, for the first time.
China’s exports rose in 2025 despite uncertainty caused by higher U.S. tariffs, and its trade surplus exceeded $1 trillion for the first time, setting a record high.
It is worth noting that ongoing tariff tensions with the United States throughout the year negatively affected China’s foreign trade, leading to a 20% decline in Chinese exports over the year to about $471 billion.
U.S.-China relations have experienced a series of tensions recently, which have intensified due to the U.S. administration’s tariff hikes and technology restrictions on one hand, and China’s efforts to control rare earth minerals—vital to global supply chains—on the other. (Anadolu)