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China's GDP expands 5.3% in first half of 2025

China's GDP expands 5.3% in first half of 2025

Qatar Tribune2 days ago
QNA
Beijing
China's gross domestic product (GDP) grew 5.3 percent year on year in the first half of 2025.
Data from the National Bureau of Statistics (NBS) showed in a statement on Tuesday that China's GDP reached around 66.05 trillion yuan (about 9.24 trillion US dollars) in the first half
In the second quarter, the country's GDP expanded 5.2 percent year on year, according to the NBS.
The country's crude oil output increased 1.3 percent year on year to 108.48 million tonnes in the first half of 2025, according to the NBS.
NBS data also showed that China's raw coal output rose 5.4 percent year on year to 2.4 billion tonnes in the first six months of this year.
The tertiary industry expanded 5.5 percent year on year in the first half, outpacing a 3.7 percent increase in the primary industry and a 5.3 percent increase in the second industry.
In the first six months of 2024, China's industrial output increased by 6.4 percent compared to the same period last year, with equipment manufacturing and high-tech manufacturing sectors posting rapid growth.
Retail sales and domestic consumption also showed positive signs.
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