China says it hit its 5% GDP growth target in 2025

China’s economy grew 5% last year, meeting Beijing’s target, as strong exports offset weak domestic demand.

Government data showed exports powered growth despite US trade tensions, with overseas shipments accounting for 33% of expansion, the highest share since 1997.

China posted a record $1.19 trillion trade surplus, helped by a 5.5% rise in exports.

However, growth remains uneven. Consumer spending stayed weak, investment slowed sharply, and the property sector continued to drag on confidence.

Fixed-asset investment fell 3.8%, its first annual drop in decades, while property investment sank 17%. Retail sales rose just 0.9% in December, signaling cautious households.

Economists warn that relying heavily on exports could spark trade tensions and limit growth in 2026 unless domestic demand improves.