The world’s second-largest economy expanded by 1.1% from the previous quarter, according to data released by the National Bureau of Statistics (NBS).
In the first half of the year, China’s Gross Domestic Product (GDP) grew by 5.3% year-on-year.
One of the key drivers of growth was exports. On Monday, Chinese authorities announced that foreign sales increased by 5.8% in June compared to the same month last year, accelerating from the 4.8% registered in May.
The temporary easing of punitive tariffs on Chinese goods in the U.S., as part of the resumption of trade negotiations between the two countries, led to a sudden increase in orders from companies and consumers.
Chinese companies have also been seeking to diversify export destinations and boost production in other countries to mitigate the impact of tariffs imposed by Washington.
“Overall, with the implementation of more proactive and effective macroeconomic policies, the national economy maintained stable growth with good momentum, showing resilience and vitality,” states the NBS report.
Despite the growth, the data show signs of fragility in domestic demand: consumer prices fell by 0.1% in the first half of 2025, highlighting the persistent deflationary risks in the country.
Chinese leaders have set a growth target of 5% for this year, in line with the expansion recorded in 2024. However, the resumption of U.S. tariffs, which could reach 245% if Washington and Beijing do not reach a new trade agreement by August 12, may jeopardize the recovery of exports—one of the main drivers of economic growth and employment.
