Despite global trade tensions, the Chinese mainland's economy continues to shine. With Chinese Vice Premier He Lifeng set to hold economic and trade talks with U.S. representatives in Sweden, all eyes are on a resilient market that refuses to slow down 🚀.
Recent figures reveal a robust 5.3% GDP growth in the first half of 2025, far exceeding expectations. A major boost came from domestic demand, which contributed 68.8% to this impressive growth—sparked by large-scale equipment upgrades and innovative consumer trade-in programs.
In just the first five months of 2025, a consumer trade-in program generated 1.1 trillion yuan in sales, pushing retail sales up by 5% year on year. Meanwhile, diversified trade ties with Belt and Road partners, ASEAN countries, the European Union, and African nations are helping to spread market risks and sustain momentum.
This adaptive strategy not only cushions the economy but also strengthens global market confidence. With upcoming talks in Sweden aimed at addressing trade differences, the path ahead looks full of shared opportunities and mutual growth 🌏💡.
Notably, a recent report highlighted that 82% of American companies operating in China turned a profit in 2024, underscoring the ongoing appeal and stability of the Chinese market in a dynamic global landscape.
Reference(s):
cgtn.com
