China's Economic Resilience and Growth
In 2025, China's GDP surpassed 140 trillion yuan (approximately $20 trillion), marking a 5% year-on-year increase. China contributed around 30% to global economic growth, drawing significant global attention.
Key Drivers of Economic Growth
- Domestic Consumption:
- Domestic demand is the primary engine, with final consumption expenditure contributing 52% to economic growth.
- China ranks among the top countries for total basic consumption, with notable figures like 1.28 mobile phones per person and an average protein intake of 124.6 grams daily.
- Exports:
- Exports contributed 32.7% to economic growth, with high-tech product exports growing 13.2% annually.
- Stable export growth to ASEAN and the EU helped offset other market fluctuations.
- Investment:
- Gross capital formation contributed 15.3% to growth, indicating a shift towards domestic consumption and innovation.
Innovation and Industrial Growth
- Breakthroughs in AI, quantum technology, and brain-computer interfaces.
- Rapid growth in high-end manufacturing, green industries, and renewable energy.
Global Trade and Cooperation
China’s trade with India reached a historic high of $155.6 billion in 2025, highlighting economic complementarity. China's imports from India showed a 9.7% increase, with notable growth in the last two months of 2025.
China's Trade Strategy
- China seeks cooperative surpluses rather than trade surpluses.
- Low tariff levels at 7.3% and efforts to expand domestic demand offer opportunities for Indian products.
China invites Indian enterprises to leverage platforms like the China International Import Expo to transform trade deficits into cooperative surpluses, jointly fostering development and creating a brighter future for Asia.
