Economy

China's Economy Surges Ahead: Q1 GDP Growth Hits 5.4%, Defying Slowdown Forecasts

China's Economic Growth in Q1 2025

In a remarkable display of economic resilience, China's GDP grew by 5.4% in the first quarter of 2025, as reported by the National Bureau of Statistics (NBS) on Wednesday. This performance not only mirrors the growth rate of the previous quarter but also surpasses market expectations that had anticipated a slowdown.

Key Figures and Comparisons

The gross domestic product escalated to 31.88 trillion yuan ($4.4 trillion), showcasing the economy's robust momentum. On a quarterly basis, the growth was marked at 1.2%, further emphasizing the steady upward trajectory of China's economic expansion.