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Zhejiang's high-tech sectors fuel economic growth

ezhejiang.gov.cn| Updated: October 27, 2025 L M S

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Containers are stacked at Wenzhou Port in Wenzhou, Zhejiang province. [Photo/IC]

The GDP of East China's Zhejiang province reached 6.85 trillion yuan (about $963 billion) in the first three quarters of 2025, according to data released by the Zhejiang Provincial Bureau of Statistics on Oct 24.

Industrial output remained stable, with robust performance in emerging manufacturing sectors. The production of industrial robots rose 65.6 percent year-on-year, while lithium-ion batteries increased 52.5 percent, notebook computers 41.1 percent, and new energy vehicles 41.3 percent.

Retail sales of consumer goods totaled 2.84 trillion yuan, up 5.2 percent year-on-year. Of that total, retail goods sales reached 2.57 trillion yuan, rising 5.3 percent, while catering revenue climbed 4.6 percent to 272.6 billion yuan.

The job market remained generally stable. The average urban surveyed unemployment rate stood at 4.7 percent, and 925,000 new urban jobs were created during the period.

Residents' incomes continued to grow steadily. The per capita disposable income of Zhejiang residents reached 54,653 yuan, a real increase of 4.9 percent after adjusting for inflation. Urban residents earned 63,079 yuan on average, up 4.4 percent in real terms, while rural residents' average disposable income rose 5.6 percent to 36,383 yuan.

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