China Forecasts 5.9% Industrial Growth in 2025 Amid Economic Slowdown

China expects its industrial sector to grow by 5.9% in 2025 compared with 2024, amid a moderate slowdown in economic activity, according to official data from the Ministry of Industry and Information Technology.

The China industrial growth rate stood at 5.8% in 2024, while the first eleven months of 2025 recorded growth of around 6%, indicating a slight easing in expansion momentum.

China’s industrial output index, which covers companies with annual revenues exceeding 20 million yuan, posted a 4.8% year-on-year increase in November, the weakest monthly growth since August 2024.

Calls to boost domestic demand

The slowdown has prompted analysts to urge stronger government measures to stimulate domestic demand, address the prolonged property sector downturn, and reduce reliance on exports.

Policymakers in Beijing have pledged new fiscal steps to encourage consumption and investment in the coming year to support macroeconomic stability.