China: GDP: Secondary Industry: Construction Industry

Macro

2025-01-20

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

According to the latest DataTrack data, China's construction industry GDP recorded 86,425 billion RMB in 2025, a decline of approximately 3.9% from the historical high of 89,949 billion RMB in 2024, ending a long-term growth trend. This downturn was primarily driven by a double blow: a 17.2% year-on-year decrease in real estate development investment and a 2.2% contraction in infrastructure investment. This indicates that the economic engine is accelerating its shift from traditional infrastructure projects to high-tech manufacturing and new quality productive forces.

AI Data Insight

According to the latest DataTrack data, China's construction industry GDP recorded 86,425 billion RMB in 2025, a decline of approximately 3.9% from the historical high of 89,949 billion RMB in 2024, ending a long-term growth trend. This downturn was primarily driven by a double blow: a 17.2% year-on-year decrease in real estate development investment and a 2.2% contraction in infrastructure investment. This indicates that the economic engine is accelerating its shift from traditional infrastructure projects to high-tech manufacturing and new quality productive forces.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update