---
title: 'China’s Economy Sees Impressive Start in 2025'
url: 'https://thediplomaticinsight.com/chinas-economy-sees-impressive-start-in-2025/'
author: 'Farkhund Yousafzai'
date: '2025-03-17T18:01:27+05:00'
categories:
  - 'China'
  - 'Economy'
---

# China’s Economy Sees Impressive Start in 2025

**Beijing (TDI):** China’s economy has maintained strong growing momentum in the first two months of 2025, with industrial production, fixed asset investment and retail sales all growing at a faster pace than a year earlier, official data released on Monday revealed.

In January and February, the value-added output of major industrial enterprises above the designated size grew by 5.9% year-on-year, 0.1 percentage points higher than the full-year growth rate last year, said the National Bureau of Statistics (NBS).

During the first two months of the current year, national retail sales reached 8.37 trillion yuan ($1.16 trillion), up by 4.0% year-on-year, 0.5 percent higher than a year earlier.

During the period, China’s online retail sales hit 2.28 trillion yuan, up by 7.3% year-on-year.

Fixed assets investment in the first two months hit 5.26 trillion yuan, increasing 4.1% than a year earlier, or 0.9 percentage points higher than the full-year growth rate in 2024, according to the NBS.

**Read More: [China Boosts Global Economy with High-Level Opening-Up](https://thediplomaticinsight.com/china-boosts-global-economy-with-high-level-opening-up/)**

“A combination of existing and new policies has continued to yield results, leading to rapid development in industrial and service sectors, a marked rise in consumption and investment, stable employment, as well as thriving new quality productive forces. China’s economy got off to a steady start with new and positive development momentum,” Fu Linghui, a NBS spokesperson, said at a media conference on Monday.

China’s urban surveyed unemployment rate came in at 5.3% in the first two months of the ongoing year, which has remained stable.

**Read More: [China Unveils Policies to Boost Economy](https://thediplomaticinsight.com/china-unveils-policies-to-boost-economy/)**

During the just-concluded two sessions, China set a GDP growth target of around 5% for its economy in 2025.

This reflects policymakers’ confidence in sustaining stable growth in the world’s second-largest economy despite facing challenges like weak domestic demand and external volatilities.