Chinese new energy vehicles are parked at a terminal in Lianyungang, east China's Jiangsu province, ready to be exported.
According to statistics recently released by China's National Bureau of Statistics, the value-added output of the country's "three new" economy, referring to new industries, new business formats and new business models, reached 25.79 trillion yuan ($3.82 trillion) in 2025, up 6.2 percent year on year.
The growth rate exceeded the current-price GDP growth rate by 2.2 percentage points, and the sector's share of China's total GDP rose to 18.39 percent.
The steady expansion of the "three new" economy reflects China's ongoing transition toward high-quality development. It also provides a source of certainty and momentum for the global economic recovery, which remains fragile and challenged by weakening traditional growth drivers.
In this context, the World Bank and the International Monetary Fund have identified technological innovation, digital transformation, and green development as critical engines for future global growth.
