China's services sector sustained robust growth in 2025, with modern service industries playing a leading role in driving national economic expansion, according to data released by the National Bureau of Statistics (NBS) on Monday.
In 2025, the value-added output of China's service sector went up 5.4 percent year on year to 80.89 trillion yuan (about 11.62 trillion U.S. dollars), the data showed.
The sector's contribution to economic growth reached 61.4 percent, up 3.7 percentage points from the previous year.
During the period, the value-added output of information transmission, software and IT service sectors increased 11.1 percent, while that of leasing and business services expanded 10.3 percent year on year.
Meanwhile, emerging service industries strengthened their leading role, with smart, digital technologies accelerating industrial transformation and upgrading.
"As relevant policies are fully implemented, market confidence in the service sector has significantly improved, and the pace of transformation and upgrading has accelerated noticeably. In the future, industrial upgrading, evolving consumer demand, and emerging technologies such as artificial intelligence will foster new service business models, providing stronger support for stabilizing the macroeconomy and promoting high-quality development," said Hong Qunlian, director of the Service Industry Research Office of the Institute of Industry at the National Development and Reform Commission (NDRC)'s Academy of Macroeconomic Research.
China's service sector sees robust growth in 2025
Retail sales of consumer goods in China hit 50.1 trillion (about 7.2 trillion U.S. dollars) yuan last year, with a year-on-year growth of 3.7 percent, commerce ministry spokesperson He Yongqian said Thursday at a press conference in Beijing.
"In 2025, China's consumer market maintained stable development, achieving improvements in both scale and quality, with the advantages of its super-large consumer market continue to emerge. The total retail sales of consumer goods exceeded 50 trillion yuan for the first time, reaching 50.1 trillion yuan (about 7.2 trillion U.S. dollars), a growth of 3.7 percent compared to the previous year. The contribution rate of final consumption expenditure to economic growth was 52 percent," she said.
He said the ministry expanded its trade-in programs for consumer goods last year, which supported 366 million purchases amounting to 2.61 trillion yuan (about 375 billion U.S. dollars). The programs also promoted a consumption upgrade characterized by consumer preference for green and intelligent products.
"Green and smart consumption, among other new forms of consumption, flourished in 2025. Last year, retail sales of new energy vehicles increased by 17.6 percent. The number of consumers purchasing top-tier energy efficiency or water efficiency home appliances grew by 20 percent compared to the previous year, while sales of smart glasses, smartwatches, and smart wristbands all increased by over 40 percent," said the spokeswoman.
The ministry will continue its efforts to invigorate consumer spending and will ensure that promotion programs benefit the people, she added.
China's 2025 retail sales exceed 50 trillion yuan: spokesperson
