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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. officials in Sweden to discuss matters related to economics and trade.
  • The discussions took place amid persistent concerns about trade tensions and the overall state of China-U.S. relations, which continue to be primary issues for businesses.
  • In the first half of 2025, China’s GDP grew by 5.3 percent year on year, supported by domestic demand contributing 68.8 percent to growth and expanding trade with several international partners.
  • During 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.
  • These developments indicate China’s economic resilience amid global headwinds and ongoing trade tensions, with the talks in Sweden showing willingness to resolve differences diplomatically.
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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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