The annual Central Economic Work Conference wrapped up on Thursday, December 11, highlighting steady momentum in the Chinese mainland economy. Officials confirmed that key targets for economic and social development in 2025 are on track for success.
Through the first three quarters of 2025, the Chinese mainland's GDP climbed 5.2 percent, fueled by a win-win combination of cutting-edge innovation and strong consumer spending. Experts point to emerging tech hubs and a surge in domestic purchases as twin engines powering growth.
Looking ahead, full-year output is projected to top 140 trillion yuan (about $19.84 trillion), underscoring the economy's resilience and dynamism. 'Innovation and consumption remain our top priorities,' the conference statement read, signaling a balanced strategy for sustainable expansion.
For global tech enthusiasts and young entrepreneurs, the Chinese mainland's commitment to research and development suggests new opportunities in areas like artificial intelligence, green energy and digital services. Meanwhile, thought leaders will be watching how policy tweaks aim to nurture startups and support urban consumption.
As consumer confidence stays high—evident in booming retail and digital marketplaces—the Chinese mainland economy looks set to close the year on a high note, offering valuable insights for investors, travelers and changemakers worldwide.
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China's economy holds steady as resilience and dynamism build
cgtn.com
