Official data shows country on track to achieve annual target – with Beijing, Shanghai and the likes of Hubei province leading the way.
As China stays on track to achieve its annual growth target, top-tier cities Shanghai and Beijing – along with several inland regions – outperformed the national average in the first three quarters of 2025, with domestic demand driving expansion amid renewed trade tensions with the United States.
Shanghai, the nation’s 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’s statistics bureau on Wednesday.
