Victor Wong via flickr
According to the statistical service's press release, industrial output increased by 5.9%, services by 5.3%, and agriculture by 3.5%. In comparison to the fourth quarter of 2025, GDP increased by 1.2%. A statement from the statistical service indicates that production and supply surged swiftly, domestic demand rose, and employment stayed mostly steady.
The robust GDP growth proves that “the stimulus has been quite successful in enhancing consumption and aiding investment,” Tianchen Xu, a senior economist at the Economic Intelligence Unit, informed CNBC. “Trade War 2.0, where the U.S. and China are essentially enacting trade embargoes against one another, will greatly affect China’s export sector, and consequently, capital expenditure (CAPEX) will decline,” Xu remarked. The statistics bureau reported that the portion of China's exports to the US dropped to 14.7 percent in 2024, decreasing from 19.2 percent in 2018.
US President Donald Trump increased tariffs on Chinese goods to 145%, prompting China to raise tariffs on American goods to 125%.
source: cnbc.com
The robust GDP growth proves that “the stimulus has been quite successful in enhancing consumption and aiding investment,” Tianchen Xu, a senior economist at the Economic Intelligence Unit, informed CNBC. “Trade War 2.0, where the U.S. and China are essentially enacting trade embargoes against one another, will greatly affect China’s export sector, and consequently, capital expenditure (CAPEX) will decline,” Xu remarked. The statistics bureau reported that the portion of China's exports to the US dropped to 14.7 percent in 2024, decreasing from 19.2 percent in 2018.
US President Donald Trump increased tariffs on Chinese goods to 145%, prompting China to raise tariffs on American goods to 125%.
source: cnbc.com