Overview
- Official data show GDP reached about 140.19 trillion yuan in 2025, up 5.0% year over year, with total retail sales rising 3.7% to roughly 50.12 trillion yuan and online retail up 8.6% to about 15.97 trillion yuan.
- Industrial value-added increased 5.9%, led by a 25.1% jump in new-energy vehicle output that lifted lithium-ion power battery production 41.7% and charging-pile output 11.0%.
- The NDRC said nationwide programs will apply unified subsidy standards for vehicle scrappage and replacement, six categories of home-appliance trade-ins, and four types of digital and smart products, with enforcement against fake claims and price hikes before subsidies.
- The NDRC is preparing flagship high-technology projects for the next Five-Year period, and officials estimate the 2025 digital economy added value at roughly 49 trillion yuan, or about 35% of GDP.
- Industry reports indicate Chinese open-source generative AI models expanded to around 15% of global usage by November 2025, while a PwC CEO survey found most firms have yet to see clear financial returns from AI and only 12% reported both cost reductions and revenue gains.