China’s Economic Growth Strengthens in May as Retail Sales and Industrial Output Rise

Beijing, June 17, 2025 (Saudi Arabia Breaking News) – China’s economy continued its recovery trajectory in May, supported by strong macroeconomic policies, despite ongoing external uncertainties, according to official data released Monday by the National Bureau of Statistics (NBS), as cited by China Daily.

Industrial added value above the designated size rose by 5.8 percent year-on-year, signaling robust industrial performance. Retail sales, a key measure of consumer demand, expanded by 6.4 percent year-on-year in May, compared to a 5.1 percent increase recorded in April.

Fixed-asset investment, which includes infrastructure, property, machinery, and equipment, grew by 3.7 percent during the January–May period, slightly below the 4 percent recorded in the first four months.

The surveyed urban unemployment rate fell to 5 percent in May, down from 5.1 percent in April, showing signs of labor market improvement.

The NBS stated that China’s economy demonstrated stable growth, attributing the momentum to supportive government policies. However, it warned that external uncertainties remain high and that the foundation for continued recovery needs further consolidation.

Looking ahead, the agency emphasized the need to focus on strengthening domestic demand, improving internal economic circulation, stabilizing employment, and promoting high-quality development as essential measures for ensuring long-term economic stability.

Beijing, June 17, 2025 (Saudi Arabia Breaking News) – China’s economy continued its recovery trajectory in May, supported by strong macroeconomic policies, despite ongoing external uncertainties, according to official data released Monday by the National Bureau of Statistics (NBS), as cited by China Daily.

Industrial added value above the designated size rose by 5.8 percent year-on-year, signaling robust industrial performance. Retail sales, a key measure of consumer demand, expanded by 6.4 percent year-on-year in May, compared to a 5.1 percent increase recorded in April.

Fixed-asset investment, which includes infrastructure, property, machinery, and equipment, grew by 3.7 percent during the January–May period, slightly below the 4 percent recorded in the first four months.

The surveyed urban unemployment rate fell to 5 percent in May, down from 5.1 percent in April, showing signs of labor market improvement.

The NBS stated that China’s economy demonstrated stable growth, attributing the momentum to supportive government policies. However, it warned that external uncertainties remain high and that the foundation for continued recovery needs further consolidation.

Looking ahead, the agency emphasized the need to focus on strengthening domestic demand, improving internal economic circulation, stabilizing employment, and promoting high-quality development as essential measures for ensuring long-term economic stability.