{"id":220405,"date":"2025-10-23T13:57:07","date_gmt":"2025-10-23T13:57:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/220405\/"},"modified":"2025-10-23T13:57:07","modified_gmt":"2025-10-23T13:57:07","slug":"chinas-top-cities-inland-provinces-lead-gdp-growth-as-domestic-demand-strengthens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/220405\/","title":{"rendered":"China\u2019s top cities, inland provinces lead GDP growth as domestic demand strengthens"},"content":{"rendered":"

As China stays on track<\/a> to achieve its annual growth target, top-tier cities Shanghai and Beijing \u2013 along with several inland regions \u2013 outperformed the national average in the first three quarters of 2025, with domestic demand driving expansion amid renewed trade tensions with the United States.<\/p>\n

Shanghai, the nation\u2019s financial hub, reported 5.5 per cent year-on-year growth in gross domestic product for the first nine months of the year, outpacing the 5.2 per cent national average, according to data released by the city\u2019s statistics bureau on Wednesday.<\/p>\n

Shanghai\u2019s economy has been weighed down by weak consumption<\/a> in recent years. In 2024, the city reported only its second annual decline in retail sales in more than 40 years, with a fall of 3.1 per cent year on year. But this year, consumption \u2013 along with hi-tech manufacturing \u2013 has been one the city\u2019s main growth drivers.<\/p>\n

Retail sales for the first nine months of 2025 were up 4.3 per cent year on year, despite only rising 1.7 per cent in the first two quarters. Hi-tech manufacturing \u2013 a category that includes artificial intelligence, integrated circuits and biotechnology \u2013 led growth in the city\u2019s industrial sector, with output surging 8.5 per cent year on year.<\/p>\n

\u201cIn the first three quarters, the city\u2019s economy showed stronger internal momentum, showing a steady and improving development trend,\u201d Shanghai\u2019s statistics bureau said, while cautioning that external uncertainties remained and more policy support was needed to consolidate the recovery.<\/p>\n

Beijing also beat the national average, posting 5.6 per cent year-on-year growth over the same period, driven by information services, finance and hi-tech manufacturing, according to its municipal statistics bureau.<\/p>\n","protected":false},"excerpt":{"rendered":"As China stays on track to achieve its annual growth target, top-tier cities Shanghai and Beijing \u2013 along…\n","protected":false},"author":2,"featured_media":220406,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[554,5713,3252,84,891,5807,19042,1294,94183,94186,94184,55660,94187,94185,5752,85411,56,54,158,55],"class_list":{"0":"post-220405","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-beijing","10":"tag-biotechnology","11":"tag-business","12":"tag-china","13":"tag-communist-party","14":"tag-domestic-demand","15":"tag-economy","16":"tag-henan","17":"tag-hi-tech-manufacturing","18":"tag-hubei-province","19":"tag-hunan","20":"tag-integrated-circuits","21":"tag-jiangxi","22":"tag-shanghai","23":"tag-sichuan","24":"tag-uk","25":"tag-united-kingdom","26":"tag-united-states","27":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/220405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=220405"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/220405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/220406"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=220405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=220405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=220405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}