China's Economy Shows Resilience in August 2025 Amid Global Challenges, Foreign Trade Up 3.5%
September 15, 2025
China's economy continued to grow steadily in August 2025, maintaining resilience despite external uncertainties, with ongoing progress in high-quality development.
Looking ahead, China remains confident that proactive fiscal measures and moderately loose monetary policies will boost policy effectiveness and support sustained economic growth.
China's foreign trade demonstrated resilience in August, with total foreign trade increasing by 3.5 percent year-on-year, marking the third consecutive month of growth in both exports and imports despite a sluggish global economy.
While challenges such as a complex external environment, excess domestic supply, and difficulties faced by some companies persist, the country's long-term growth fundamentals remain strong, supported by macro policies, reforms, and opening-up initiatives.
The industrial sector showed robust performance in August, with a 5.2 percent year-on-year increase in value-added output, driven by sectors like smart vehicle equipment, electronic components, and integrated circuits, which grew significantly.
Domestic demand continued to expand, with retail sales of consumer goods rising by 4.6 percent in the first eight months, and service consumption, including tourism and live performances, growing faster than goods at 5.1 percent.
The producer price index stabilized in August after a slight decline in July, with increases in coal mining and ferrous metals processing prices reflecting improved supply-demand relations due to better regulation and capacity management.
The urban unemployment rate in August was 5.3 percent, a slight increase of 0.1 percentage points from July, mainly due to the graduation season, but it remained stable compared to the same period last year, with employment among key groups holding steady.
Future economic prospects include boosting consumption through targeted actions, optimizing trade, and implementing livelihood policies such as childcare subsidies, free preschool education, and holiday-driven spending during the Mid-Autumn Festival and National Day.
From January to August 2025, major economic indicators like production, retail sales, and employment remained consistent with the first seven months, indicating stable overall economic operation.
Summary based on 1 source
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• Sep 15, 2025
Chinese economy sustains stable performance in August