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China economy to exceed $19.5 trillion this year, says state planner

By Thomson Reuters Jul 8, 2025 | 9:43 PM

BEIJING (Reuters) -The head of China’s state planner said he expects the size of the economy to exceed 140 trillion yuan ($19.5 trillion) this year, speaking in a press conference on the country’s current five-year policy plan, which concludes at the end of 2025.

Zheng Shanjie, chair of the National Development and Reform Commission, said foreign technology curbs would only strengthen China’s self-reliance and its ability to be innovative.

($1 = 7.1798 yuan)

(Reporting by Kevin Yao; Editing by Tom Hogue)