On Monday, the National Bureau of Statistics released official data highlighting the Chinese mainland's steady economic progress in November 2025. Industrial output, services, and retail sales all registered gains, reflecting a balanced recovery across sectors.
Advanced Manufacturing Leads the Way
Industrial production among enterprises above designated size grew 4.8% year-on-year in November, and rose 0.44% month-on-month. The equipment manufacturing sector expanded by 7.7%, while high-tech manufacturing surged 8.4%—outpacing overall industrial growth by 2.9 and 3.6 percentage points, respectively. This shift towards advanced production signals stronger momentum in precision industries.
Service Sector Recovery
The service industry production index climbed 4.2% year-on-year, underscoring the ongoing rebound in modern services such as information technology, finance, and logistics—key drivers of late-stage economic transformation.
Retail Sales Gain Ground
Total retail sales of consumer goods reached 4.39 trillion yuan (about $622.3 billion), up 1.3% from November 2024. Growth was driven by dining, online shopping, and cultural experiences, highlighting evolving consumption patterns among urban residents and travelers.
Looking ahead, investors and digital-savvy entrepreneurs will track year-end trade data and December indicators for further clues on whether this momentum will carry into 2026, as the Chinese mainland deepens its economic transformation.
Reference(s):
China's economic performance shows steady progress in November
cgtn.com
