China expects industrial output to have grown 5.9% in 2025

[BEIJING] China’s industry ministry expects output of large industrial companies to have increased 5.9 per cent in 2025 compared with 2024, state broadcaster CCTV said on Friday (Dec 26).

That would be a slight pickup on 5.8 per cent growth in 2024 but below the 6 per cent pace of the first eleven months of 2025, based on data released by the National Bureau of Statistics.

Industrial output, which covers industrial firms with annual revenue of at least US$2.85 million, recorded growth of 4.8 per cent in November, the weakest monthly year-on-year rise since August 2024.

Waning economic growth has prompted some analysts to call for new government efforts to shore up domestic demand and address the prolonged property crisis, and for the manufacturing giant to reduce its reliance on exports.

Chinese policymakers have acknowledged the need to balance supply and demand, and have pledged fiscal measures to boost consumption and investment next year. REUTERS