China's retail sales rise 3.7% in 2025 as consumption steadies

19 Jan '26

1 min read

China's retail sales rise 3.7% in 2025 as consumption steadies

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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.

China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.7 per cent year on year (YoY) in 2025, according to official data by the National Bureau of Statistics (NBS). Total retail sales of consumer goods reached 50.12 trillion yuan (~$7.15 trillion) last year. In December alone, the retail sales of consumer goods rose 0.9 per cent YoY.

China's value-added industrial output expanded 5.9 per cent YoY in 2025. In December alone, China's industrial output increased by 5.2 per cent YoY, said Chinese media reports quoting NBS data.

Meanwhile, the industrial output saw an annual main business turnover of at least 20 million yuan (~$2.8 million). Manufacturing sector grew by 6.4 per cent. The value-added output of the electricity, heat, gas, and water production and supply sectors rose by 2.3 per cent, added the NBS data.

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