China’s economy continues to show strong momentum, with the gross domestic product (GDP) expanding by 5.4% year on year in the first quarter of 2025, according to data released by the National Bureau of Statistics on Wednesday.
This impressive growth highlights the resilience and vitality of the world’s second-largest economy amid global uncertainties. The uptick is attributed to robust domestic consumption, technological advancements, and supportive government policies fostering economic development.
The manufacturing and services sectors played significant roles in driving the growth, bolstered by increased demand and innovation. Analysts suggest that this positive trend may have favorable impacts on global markets, offering new opportunities for trade and collaboration, particularly for nations in the Global South.
As China continues on this upward trajectory, the international community is closely monitoring how this economic expansion will influence global economic dynamics in the coming months.
Reference(s):
cgtn.com