China's economy is on a roll in the first half of 2025, with strong growth in manufacturing, high-tech industries, and domestic consumption 📈. The latest data from the State Taxation Administration reveals that manufacturing sales revenue outpaced the national average by 1.5 percentage points, while high-tech industries surged by an impressive 14.3% year-on-year.
Boosted by smart policies promoting large-scale equipment upgrades and consumer goods trade-ins, corporate spending on mechanical equipment jumped by 11.1%. In addition, sales of audio-visual products and home appliances skyrocketed by 45.3% and 56.6% respectively, setting a robust stage for the second half of the year.
This solid H1 performance has led to three key priorities for H2, positioning strategic initiatives to further drive innovation and economic dynamism. For tech-savvy youth and early professionals across South Asia and Southeast Asia, these shifts underline a broader trend of digital transformation and modernization that resonates in bustling cities like Mumbai, Jakarta, and Singapore. Stay tuned as H2 unfolds, promising even more exciting developments in the economic landscape 🚀!
Reference(s):
China sets economic focus for H2 2025 following solid H1 gains
cgtn.com
