AI Data Insight
According to the latest DataTrack data, China's industrial GDP reached 416,826 hundred million RMB in 2025. While the 2.8% year-on-year increase continues to set historical highs, the growth rate is far below the market consensus of a 5.9% real industrial value added growth rate. This "scissors gap" phenomenon reflects price involution under long-term negative PPI. Despite the surge in production within new energy and high-tech manufacturing, overall industrial revenue and profit margins remain deeply overshadowed by deflation.