China's Economic Growth Surpasses Projections
(MENAFN) China’s economic performance has outpaced initial forecasts, even as it continues to grapple with headwinds such as US President Donald Trump’s trade tariffs and a drawn-out property market slump.
According to official data, the nation’s economy—ranked second-largest globally—expanded by 5.2% in the quarter ending in June, when measured against the same period a year earlier.
This figure slightly exceeded the 5.1% estimate made by numerous analysts, though it still reflects a decline compared to the growth achieved in the previous quarter.
The country has managed to sidestep a significant slowdown, thanks in part to policies introduced by Beijing to bolster economic activity, alongside a tentative trade ceasefire with Washington.
As stated by China's National Bureau of Statistics, the economy "withstood pressure and made steady improvement despite challenges," reflecting resilience amid global and domestic obstacles.
Officials highlighted that a 6.4% rise in manufacturing output contributed notably to the growth.
This was driven by increased interest in technologies such as 3D printing equipment, electric automobiles, and automated machinery.
Additionally, the services industry—which spans sectors like transport, finance, and technology—also registered progress during the quarter.
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