Xi visits IT innovation park in Beijing

People visit an event themed on the "Hubei New Spring International Consumption Season" in Wuhan, central China's Hubei Province, Feb. 5, 2026. The "Hubei New Spring International Consumption Season" kicked off here on Thursday, attempting to create diverse consumption scenarios for the upcoming Spring Festival.

China's machinery industry posted steady performance in 2025 as both sales and profits increased, the China Machinery Industry Federation (CMIF) said on Thursday. The added value of major machinery enterprises rose by 8.2 percent year on year in 2025, the CMIF said. The increase outpaced the overall industrial sector by 2.3 percentage points and the manufacturing sector by 1.8 percentage points.

China's 2025 foreign trade data has drawn significant analysis from economists worldwide, with international observers highlighting "robust exports," "diversified markets," and "sustained competitiveness". The Wall Street Journal noted that China had defied expectations for tariff-driven slowdown, continuing to show resilience as the world's second-largest economy.

On Jan. 19, China unveiled its economic performance in 2025: the economy surpassed the 140-trillion-yuan ($20.11 trillion) mark for the first time, with GDP growing by 5.0 percent year-on-year. It is estimated that China contributed around 30 percent to global economic growth.

The first cross-Caspian Sea China-Central Asia freight train from north China's Tianjin Municipality to Baku, Azerbaijan, departed on Monday, carrying goods such as stainless steel pipes and household appliances.