Despite rising challenges and external uncertainties, China achieved solid economic growth in the first half of the year (H1) with a gross domestic product (GDP) growth of 5.3 percent year on year, laying a solid foundation for achieving the full-year targets, according to a China Media Group (CMG) commentary issued on Tuesday.
In the context of the global economy, the 5.3 percent growth rate carries substantial weight. Compared to last year when China's GDP grew by 5 percent both in the first half and for the full year, the latest figure shows a steady growth. From a global perspective, China's growth rate ranks among the top, continuing the positive momentum of recovery.
All of these demonstrate that the stable performance of China's economy is consolidated and sustained.
At the same time, new growth drivers have continued to build up, while new quality productive forces are developing at an accelerated pace.
In the first half of the year, the added value of high-tech industries increased by 9.5 percent year on year, driven by abundant innovation achievements and industrial integration.
Despite external pressures such as the tariff war, China's total goods imports and exports in yuan-denominated terms rose to 21.79 trillion yuan (about 3.05 trillion U.S. dollars) in the first half of 2025, up 2.9 percent year on year, setting a new record for the same period and demonstrating strong resilience.
China's strong industrial base, vast market, huge potential, and innovation-driven development strategies have all contributed to the high-quality development of its economy. The recent China-U.S. economic and trade talks in Geneva, along with the cooperation framework signed in London, are also helping to improve China-U.S. trade relations and support the global economy.
In addition, a slew of policies introduced by the Chinese government to expand domestic demand, boost production, strengthen domestic circulation, and stabilize foreign investment have also played an important role.
As the world's second-largest economy, China's steady economic growth is a great boon to the rest of the world. Decoupling and disruption of industrial and supply chains will only lead to self-isolation, and open cooperation remains the mainstream.
Amid an increasingly complex and severe external environment, China's economic resilience and commitment to expanding opening up give the world the confidence that China will remain a stabilizer for the world economy and a magnet for sharing development opportunities.
China's half-year economic performance lays solid foundation for achieving full-year targets: commentary
China's half-year economic performance lays solid foundation for achieving full-year targets: commentary
China's half-year economic performance lays solid foundation for achieving full-year targets: commentary
