China Maintains Position as Top Contributor to Global Economic Growth

Deep News
Feb 28

According to the National Bureau of Statistics, China's economy grew by 5.0% in 2025, ranking among the top performers of major economies worldwide. The country's contribution to global economic growth is estimated to remain around 30%, reinforcing its role as the largest contributor and a key stabilizer for the world economy.

In 2025, China's gross domestic product (GDP) surpassed 140 trillion yuan for the first time, successfully achieving the annual growth target. During the 14th Five-Year Plan period, the economy successively exceeded the milestones of 110 trillion, 120 trillion, 130 trillion, and 140 trillion yuan.

As the economic scale continues to expand, a 5% growth rate now corresponds to an annual increment of over 5 trillion yuan. This breakthrough reflects enhanced industrial and agricultural production capacity, revitalized services sector activity, and improved livelihoods for millions of households. It also demonstrates the economy's solid foundation, diverse strengths, strong resilience, and vast potential.

Per capita GDP reached 99,665 yuan in 2025, up 5.1% year-on-year. Converted at the average annual exchange rate, this amounted to $13,953, marking the third consecutive year that per capita GDP has exceeded $13,000. The steady increase is attributed to technological innovation, accelerated development of a modern industrial system, and the vigorous growth of new quality productive forces.

China's international economic influence also saw further improvement. The country remains the world's second-largest economy, accounting for approximately one-sixth of global GDP. In 2025, China's goods imports totaled 18.5 trillion yuan, making it the world's second-largest import market for the 17th consecutive year. Total trade in services exceeded 8 trillion yuan, hitting a new record. The number of newly established foreign-invested enterprises rose by 19.1%, and non-financial outward direct investment surpassed 1 trillion yuan.

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