China's industrial and information technology sector contributed over 40 percent to economic growth in 2025, Vice Minister of Industry and Information Technology Zhang Yunming said on Wednesday.
Speaking at a press conference held by the State Council information office in Beijing, Zhang elaborated the country's industrial economic operation over the past year.
"China remained committed to prioritizing the real economy and introduced a new round of work plans to ensure steady growth in 10 key industries. Major industrial provinces were supported to play a leading role, effectively driving stable industrial growth," Zhang said.
"In 2025, the total value added of industrial enterprises above the designated size increased 5.9 percent over the previous year. With the manufacturing sector's share in GDP remaining stable, the country's manufacturing scale is expected to rank first globally for the 16-consecutive year. Telecommunications service volume grew by 9.1 percent year on year. Industrial and information technology sectors contributed over 40 percent to economic growth in 2025, consolidating their roles as stabilizers," Zhang added.
China's Industrial, information technology sectors contribute over 40 pct to economic growth in 2025: official
China's Industrial, information technology sectors contribute over 40 pct to economic growth in 2025: official
China's commodity price index stood at 129.9 points in March, up 4 percent month on month and 14.5 percent year on year, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Sunday.
Among the 50 major commodities under key monitoring by the CFLP, 38 recorded a month-on-month price increase in March.
Specifically, diesel, methanol and ethylene glycol led the gains, rising 30.5 percent, 30.4 percent and 29.3 percent, respectively, from the previous month.
Affected by imported factors such as tensions in the Middle East and a sharp rise in international crude oil prices, China's energy and chemical price indices rose significantly, up 16.5 percent and 21.8 percent month on month, respectively.
Driven by rising international fertilizer prices and growing demand for biofuels, China's agricultural product price index increased by 2.8 percent month on month.
Analysts noted that the sharp rise in the commodity price index in March comes from factors such as the recovery of the domestic commodity market, the good outcomes of policies, and the ongoing tensions in the Middle East.
Given the increasingly volatile international commodity prices and the rising uncertainties in importing energy, chemicals and other commodities, it is necessary to diversify the sources of raw materials, expand the use of alternative resources, and enhance the ability to resist and respond to risky factors that may cause fluctuation in markets, said the analysts.
China's commodity price index up 4 pct in March
