On Monday, the State Council Information Office (SCIO) held a live press briefing to unveil the April 2025 performance of the Chinese mainland economy. Fu Linghui, spokesperson and director general of the Department of Comprehensive Statistics at the National Bureau of Statistics (NBS), led the session, fielding questions from local and international media.
Fu highlighted that the economy maintained steady growth in April, driven by a rebound in consumer spending and a strong performance in the manufacturing sector. "Retail sales picked up momentum as households increased spending on services and discretionary goods," Fu said, noting the ongoing recovery in key urban centres.
Analysts at the briefing pointed to continued resilience in exports, supported by diversified markets and a gradual uptick in global demand. The spokesperson underscored the role of digital transformation, with the digital economy contributing to new growth points across industries.
On the inflation front, Fu reported that price levels remained stable, reflecting effective policy coordination. Meanwhile, infrastructure investment and fixed-asset investment showed signs of balance, as local governments focused on targeted projects in green development and high-tech manufacturing.
When asked about future outlook, Fu Linghui stressed that policymakers are keeping a close eye on both domestic and international factors, from supply-chain dynamics to evolving global trade patterns. He affirmed that the Chinese mainland remains committed to high-quality growth, innovation, and opening-up measures.
As global markets watch these developments, the briefing offered a clear snapshot of how the Chinese mainland economy is navigating a complex landscape—setting the stage for stakeholders worldwide to chart their next moves.
Reference(s):
Live: SCIO briefing on national economic performance for April 2025
cgtn.com
