Tianjin Reports Strong Economic Start to 2025

Tianjin’s economy posted a solid performance in the first quarter of 2025, with faster growth in production and supply, steady market demand, stable employment and a rise in income.

According to official data, the city’s gross domestic product reached 419.43 billion yuan ($ 57.46 billion), marking a year-on-year increase of 5.8 percent at constant prices. The primary, secondary, and tertiary industries expanded by 3.3 percent, 5.4 percent, and 6.0 percent, respectively.

Industrial production picked up pace, with the value added by large-scale enterprises rising 5.7 percent — an improvement on last year’s consistent growth. Among them, manufacturing led the charge with a 7.8 percent increase, driven by a strong 10.5 percent expansion in equipment manufacturing. High-tech products showed remarkable momentum: computer output nearly doubled, while production of automobiles and robots saw significant double-digit growth.

The service sector maintained robust growth, with value added climbing 6.0 percent. Finance, transport, and modern services such as IT and business support all performed well. In particular, information-related services surged by over 20 percent, reflecting the city’s accelerating shift toward a digital economy.

Investment activity gained traction, as fixed asset investment rose 8.7 percent. Infrastructure investment remained a key driver, expanding by over 21 percent, while both industrial and real estate investment posted faster growth compared to last year.

The city’s job market remained stable, with 86,100 new urban jobs recorded as created in the first quarter. Meanwhile, residents’ disposable income grew steadily — up 4.8 percent overall, with rural incomes increasing at a faster pace than urban.

Prices remained generally stable. The consumer price index was flat compared to the same period last year, while industrial producer prices continued to decline.

Tianjin’s economy maintained a positive trajectory in early 2025, achieving a strong opening.