China’s retail sales of consumer goods rose 3.7 per cent YoY in 2025, reaching 50.12 trillion yuan (~$7.15 trillion), according to data by NBS, with December growth slowing to 0.9 per cent.
Value-added industrial output increased 5.9 per cent for the year and 5.2 per cent in December, led by 6.4 per cent growth in manufacturing, while utilities output rose 2.3 per cent.