We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
What does China's steady economic growth imply for its recovery in 2025?
2025/3/17
World Today
China's economy has demonstrated steady growth, driven by strong performances in industrial and service sectors, as well as strategic plans to boost domestic consumption. Experts discuss the implications of these developments for China's economic landscape and future trajectories.
- China's industrial and service sectors have shown considerable growth with industrial output rising by 5.9% year-on-year.
- Domestic consumption, particularly during the Spring Festival, saw a significant boost, with retail sales climbing 4% year-on-year.
- The equipment manufacturing sector experienced a 10.6% growth, highlighting the shift towards high-tech and environmentally friendly production.
- New energy vehicle production surged by 47.7%, reflecting a shift towards green energy products.
- Chinese government policies focus on stimulating industrial upgrades and consumption to maintain economic momentum.
Shownotes Transcript