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CGTN: How China's economy remains vibrant despite U.S. tariff war

CHINA, JUL 26 – China's GDP grew 5.3% in early 2025 driven by strong domestic demand and expanding trade with Belt and Road and ASEAN partners, easing reliance on Western markets.

  • Later this month, on July 25, 2025, Chinese Vice Premier He Lifeng is scheduled to engage in discussions with U.S. representatives in Sweden focusing on economic and trade matters.
  • The talks follow ongoing trade tensions and uncertainties related to tariffs, which remain key concerns for businesses operating in China.
  • In the first half of 2025, China’s GDP grew by 5.3 percent year on year, supported mainly by domestic demand which accounted for 68.8 percent of growth.
  • In the first five months of 2025, sales from China’s consumer goods trade-in initiative reached 1.1 trillion yuan , exceeding the total sales recorded throughout 2024, while trade with Belt and Road countries increased by 4.7 percent.
  • The upcoming talks highlight China’s efforts to address differences diplomatically amid obstacles and aim to sustain growth through expanded international engagement.
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CGTN: How China's economy remains vibrant despite U.S. tariff war

BEIJING, July 25, 2025 /PRNewswire/ -- With Chinese Vice Premier He Lifeng to hold economic and trade talks with the United States in Sweden later this month, the strength and resilience of the Chinese economy is in the limelight once…

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CGTN: How China's economy remains vibrant despite U.S. tariff war

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CGTN broke the news in Beijing, China on Friday, July 25, 2025.
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