National Bureau of Statistics: The new momentum index for China's economic development in 2025 is 153.0, a year-on-year increase of 12.5%.
The National Bureau of Statistics stated that in 2025, the new driving force index for China's economic development will be 153.0, an increase of 12.5% from the previous year.
In 2025, Chinas new economic development momentum index will grow by 12.5%
To dynamically monitor the changes in China's new economic development momentum, the Statistical Science Research Institute of the National Bureau of Statistics has calculated the economic development new momentum index for 2025 based on the "ShenZhen New Industries Biomedical Engineering New Business Formats and New Business Model Statistical Monitoring System," using the base index method. The results show that the new economic development momentum index for 2025 (with 2022 as the base year, equal to 100) is 153.0, an increase of 12.5% from the previous year. In 2025, all classification indices have improved compared to the previous year, with significant contributions from transformation upgrades and innovation-driven growth to the overall index.
1. Transformation Upgrade Index. In 2025, the transformation upgrade index will be 156.8, an increase of 22.7% compared to the previous year, contributing 34.1% to the overall index growth.
2. Innovation-driven Index. In 2025, the innovation-driven index will be 156.3, an increase of 12.9% compared to the previous year, contributing 31.4% to the overall index growth.
3. Network Economy Index. In 2025, the network economy index will be 157.8, an increase of 10.8% compared to the previous year, contributing 27.2% to the overall index growth.
4. Economic Vitality Index. In 2025, the economic vitality index will be 137.2, an increase of 4.8% compared to the previous year, contributing 7.3% to the overall index growth.
The New Economic Development Momentum Index for 2025 Continues to Grow Rapidly
L Haiqi, Director of the Statistical Science Research Institute of the National Bureau of Statistics, interprets Chinas new economic development momentum index for 2025.
The latest calculated results of the new economic development momentum index indicate that in 2025, China's new economic development momentum index will be 153.0, an increase of 12.5% from the previous year, reflecting a continued nurturing and enhancement of new momentum, the release of economic vitality, the prominent leading role of innovation-driven development, a rapid growth in the network economy, and an accelerated pace of transformation and upgrading, contributing to new achievements in the high-quality development of Chinas economy.
1. Accelerated Pace of Transformation and Upgrading
Insist on leading industrial innovation through technological innovation, continuously advance the digital transformation of manufacturing, and implement Artificial Intelligence + actions, carry out technology renovation and upgrade projects in manufacturing, and accelerate the green transformation in key industries, with ongoing in-depth transformation and upgrading of traditional industries. Deeply promote the integrated clustered development of strategic emerging industries, carry out large-scale application demonstration actions for new technologies, new products, and new scenarios, establish provincial-level pilot zones for future industries, and create Siasun Robot & Automation innovation centers for embodied intelligence, with emerging industries growing rapidly and future industries continuing to develop. The integration of modern services and advanced manufacturing is accelerating, with a significant trend toward the digitalization of the service sector. Calculations indicate that by 2025, the transformation upgrade index will be 156.8, reflecting a 22.7% increase over the previous year. The added value of strategic emerging industries continues to grow rapidly; the added value of high-tech manufacturing will increase by 9.4%, faster than the industrial value added growth of above-scale industries by 3.5 percentage points, increasing its proportion to 17.1% of the industrial value added of above-scale industries; the added value of digital product manufacturing will grow by 9.3%, accounting for 12.5% of the industrial value added of above-scale industries; the proportion of non-fossil energy in total energy consumption will increase by about 2 percentage points compared with the previous year; the export scale of new triad products, including electric vehicles, photovoltaic products, and lithium batteries, approaches 1.3 trillion yuan, growing by 27.1%, with electric vehicle exports reaching 3.93 million units, an increase of 73.1%.
2. Innovation-driven Leadership Role Continues to be Prominent
Firmly implement the innovation-driven development strategy and comprehensively advance the construction strategy for a strong technological nation. Deepen the reform of the scientific and technological system and mechanisms, strengthen systematic layout in foundational and frontier fields, and tackle key core technologies, continuously enhancing national strategic scientific and technological strength and overall scientific and technological prowess. Invest further in innovation, yielding fruitful scientific and technological results; research and applications in artificial intelligence, biomedicine, Siasun Robot & Automation, and quantum technology are at the forefront globally, with high-value invention patents per ten thousand population continuing to increase and the transformation of innovative achievements yielding visible results. Calculations indicate that in 2025, the innovation-driven index will be 156.3, reflecting a 12.9% increase from the previous year. Annual research and experimental development (R&D) expenditures will reach 3.9 trillion yuan, an increase of 8.1% over the previous year, resulting in a ratio of 2.80% to GDP; basic research funding will reach 277.8 billion yuan, growing by 11.1%, accounting for 7.08% of total R&D spending; the number of R&D personnel per ten thousand population will maintain rapid growth; cumulatively, 17,600 national-level specialized and innovative little giant enterprises will have been cultivated; high-value invention patents will reach 16 per ten thousand population, an increase of 2 from the previous year; and transaction amounts for technology contracts will reach 7.6 trillion yuan, growing by 10.8%.
3. Rapid Growth of the Network Economy
Accelerate the overall layout of digital China construction, advance the expansion and networking of digital infrastructure, continually optimize the scientific layout of computing resource distribution, and expedite the release of data factor potential. Innovate diverse consumer scenarios, with accelerated application of artificial intelligence terminals and agents, as well as sustained development of instant retail and live-streaming e-commerce, alongside rapid growth in quality and personalized consumption. The boosting effect of cross-border e-commerce is increasing, digital trade is developing rapidly, and new momentum in foreign trade is being cultivated quickly. Calculations show that in 2025, the network economy index will reach 157.8, an increase of 10.8% from the previous year. Whole-year mobile internet access traffic will be 395.8 billion GB, an increase of 17.3%; the number of 5G base stations nationwide will reach 4.84 million, with a net increase of 588,000 over the previous year, accounting for 37.6% of the total mobile phone base stations, a 4-percentage-point increase over the previous year; the national e-commerce transaction volume will reach 46.7 trillion yuan, growing by 2.5%; online retail sales will reach 15.97 trillion yuan, an increase of 8.6%, with online commodity retail sales growing by 5.2%, outpacing the growth rate of total social retail sales by 1.5 percentage points; and cross-border e-commerce exports will reach 2.27 trillion yuan, growing by 5.4%.
4. Effective Release of Economic Development Vitality
Continuously promote comprehensive deepening reforms, implement guidelines for building a unified national market, issue a new version of the negative list for market access, improve market foundational systems and rules, and deeply address prominent issues in key areas, effectively advancing the market-oriented allocation reform of factors and stimulating the vitality of various operating entities. Calculations indicate that the economic vitality index will be 137.2 in 2025, reflecting a 4.8% increase from the previous year. The number of newly established operating entities throughout the year will reach 25.74 million, with an average of 26,000 new enterprises set up daily, an increase of 2,000 over the previous year; the number of active enterprises will grow by 9.8%, raising its proportion of all enterprises by 4.7 percentage points; the number of high-tech enterprises will continue to grow, and investments in high-tech services will maintain rapid growth, with investments in information services growing by 28.4%; the volume of express delivery will reach 198.95 billion pieces, and express delivery revenue will be 1.4939 trillion yuan, providing effective support for the continuous expansion and quality enhancement of the consumer market.
This article is compiled from the official website of the National Bureau of Statistics, GMTEight editor: Chen Siyu.
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