China's Q1 GDP grows 5.4%, sets 5% full-year growth target

China's economy expanded by 5.4 per cent year on year in the first quarter of 2025, according to the National Bureau of Statistics (NBS).

The country's GDP reached 31.8758 trillion yuan (~$4.42 trillion) during the three-month period. On a quarterly basis, the GDP grew by 1.2 per cent.

China has set its full-year economic growth target at around 5 per cent for 2025. The country's GDP grew by 5 per cent year on year in 2024.

ALCHEMPro News Desk (HU)