On January 21, the Zhejiang Provincial Bureau of Statistics released the province's economic performance data for 2025. According to the unified accounting results for regional gross domestic product (GDP), Zhejiang's GDP reached 9.4545 trillion yuan in 2025, representing a year-on-year increase of 5.5% calculated at constant prices.

In recent years, the top four provinces in China by total GDP have remained unchanged: Guangdong, Jiangsu, Shandong, and Zhejiang. Among them, Guangdong (in 2019) and Jiangsu (in 2020) were the first to surpass the 10 trillion yuan threshold. A press conference held by the Shandong Provincial Committee in the fourth quarter of last year revealed that the province's GDP for 2025 would exceed 10 trillion yuan. Currently, Zhejiang is not far from becoming the next 10 trillion yuan province.

In 2025, the value added of Zhejiang's primary industry was 265.7 billion yuan, growing by 3.9%; the value added of the secondary industry was 3.5682 trillion yuan, increasing by 5.1%; and the value added of the tertiary industry reached 5.6206 trillion yuan, up by 5.8%.

Over the past year, Zhejiang accelerated its efforts to build a highland for innovative development in artificial intelligence. From January to November 2025, the operating revenue of core AI industrial enterprises in the province amounted to 629.4 billion yuan, a year-on-year surge of 21.6%. Revenue in four major sectors—data services (35.4%), computing power services (31.8%), smart terminals (10.8%), and algorithm models (9.9%)—all experienced rapid growth.

In terms of emerging industrial development, within Zhejiang's industrial enterprises above the designated size in 2025, the value added of high-tech manufacturing, the manufacturing segment of the core digital economy industries, equipment manufacturing, and strategic emerging industries increased by 12.4%, 11.3%, 10.5%, and 10.0% respectively compared to the previous year. The supply of new quality products demonstrated strong growth momentum, with rapid output increases in products such as virtual reality equipment (96.8%), lithium-ion batteries (65.2%), new energy vehicles (49.8%), industrial robots (36.4%), notebook computers (27.5%), and service robots (27.0%).

The "private economy" is a "golden name card" for Zhejiang. In 2025, the value added of private industrial enterprises above the designated size in Zhejiang grew by 7.2% year-on-year, a growth rate 0.3 percentage points higher than that of all industrial enterprises above the designated size, contributing 77.7% to the growth in value added for these enterprises. Last year, the number of private enterprises in the province with actual export performance reached 123,000, an increase of 11.8%, with total imports and exports valued at 4.56 trillion yuan, up 7.1%, accounting for 82.1% of the province's total import and export value.

Zhejiang is advancing the high-quality development and construction of a common prosperity demonstration zone. Last year, the urban-rural income gap in the province continued to narrow. The per capita disposable income of all residents reached 70,240 yuan, breaking the 70,000 yuan threshold, representing a nominal increase of 4.8% over the previous year. Specifically, the per capita disposable income of urban and rural residents was 81,649 yuan and 45,154 yuan, increasing by 4.3% and 5.5% respectively. The urban-rural per capita income ratio was 1.81, narrowing by 0.02 compared to the previous year.