China’s economy showed strong momentum in April 2025, with tech innovation and green energy sectors driving growth, according to a State Council Information Office (SCIO) briefing. Fu Linghui, spokesperson for the National Bureau of Statistics, highlighted key trends while addressing media questions—here’s what you need to know.
Tech & Green Energy Shine 🌱
April’s data revealed a 7.2% year-on-year increase in industrial output, fueled by breakthroughs in AI, electric vehicles, and solar tech. "Renewable energy investments now account for 40% of total infrastructure spending," Fu noted, signaling a push toward sustainability.
Consumer Spending Rebounds 🛍️
Retail sales jumped 5.8%, with e-commerce platforms like Taobao and Pinduoduo seeing record traffic. Analysts credit this to rising disposable incomes and government subsidies for smart home devices and eco-friendly products.
Challenges Ahead? 🤔
Despite growth, Fu acknowledged "external pressures" like fluctuating global demand. However, he emphasized China’s "resilient domestic market" and policies supporting SMEs as buffers against uncertainty.
What’s Next? 🔮
With youth unemployment dropping to 8.1%, the lowest since 2021, experts predict sustained momentum in tech-driven sectors. Stay tuned for more updates as China navigates its 2025 economic roadmap!
Reference(s):
Live: SCIO briefing on national economic performance for April 2025
cgtn.com