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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.

  • On July 25, 2025, Chinese Vice Premier He Lifeng met with U.S. representatives in Sweden to discuss matters related to trade and the economy.
  • These talks followed ongoing concerns about uncertainties and tariffs affecting China-U.S. economic relations.
  • China's economy showed resilience with a 5.3 percent year-on-year GDP growth in the first half of 2025 driven mainly by domestic demand.
  • In 2024, 82 percent of U.S. companies operating in China reported profits, and by May 2025, the consumer goods trade-in initiative had achieved sales exceeding 1.1 trillion yuan .
  • The talks and economic data indicate China’s ability to sustain growth and engage with international partners despite trade tensions.
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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…

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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