Jinhua in Zhejiang province released its economic performance for the first half of 2025 on July 21, reporting steady growth across multiple sectors amid global uncertainties.
Its regional GDP reached 345.61 billion yuan ($48.17 billion), up 6.4 percent year-on-year, outperforming the national and provincial averages by 1.1 and 0.6 percentage points, and securing fifth place province-wide.
Economic stability was evident in several areas. The general public budget revenue increased by 1.5 percent to 34.18 billion yuan, while the per capita disposable income grew by 5.3 percent. Urban and rural per capita disposable incomes reached 42,379 yuan and 25,529 yuan, up 4.9 percent and 5.5 percent, respectively.
Industrial growth was a significant highlight. The added value of industries above a designated size (with yearly business revenue of at least 20 million yuan) rose 8.6 percent in the first half, exceeding the national and provincial averages by 2.2 and 1.0 percentage points.
Among 33 major categories in the city, 21 sectors posted increases in added value, greatly driven by emerging industries. The strategic emerging industry saw its added value rise by 21.5 percent, high-end equipment manufacturing by 19.4 percent, and high-tech industry by 16.9 percent.
Foreign trade underscored remarkable resiliency. Jinhua's import-export volume reached 508.68 billion yuan from January to June, with a 20.1 percent increase. Exports alone grew by 20.6 percent, contributing 44.8 percent to the province's growth.
Exports to ASEAN markets surged 38.3 percent, followed by the United States and the European Union, at 17.7 percent and 16.4 percent, respectively.
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