Chaoyang District Achieves Regional GDP of 966.85 Billion Yuan in 2025

Deep News
Feb 09

Economic data for the full year of 2025 in Chaoyang District has been released, with a series of impressive figures outlining the region's development resilience and vitality. Key indicators highlight the robust upward trajectory of Chaoyang's economy.

The economic foundation remained stable. Across the four quarters, Chaoyang District achieved a regional Gross Domestic Product (GDP) of 966.85 billion yuan. Calculated at constant prices, this represents a year-on-year increase of 5.2%.

From the production perspective, industrial output value from large-scale industrial enterprises exceeded 200 billion yuan, reaching 200.52 billion yuan. From January to November, revenues from large-scale enterprises in producer services—including transportation, leasing and business services, and scientific and technical services—grew by 22.0%, 6.4%, and 10.5% respectively, with growth rates surpassing the citywide average.

On the demand side, the total retail sales of consumer goods amounted to 260.03 billion yuan. Online retail sales from large-scale wholesale, retail, accommodation, and catering enterprises reached 77.12 billion yuan, a year-on-year increase of 15.5%. Investment in high-tech industries grew by 6.9% year-on-year.

Key industries and pillar enterprises led the development. The supporting role of major sectors was prominent. Throughout the four quarters, the financial sector achieved an added value of 181.33 billion yuan, a year-on-year increase of 14.3%. This accounted for nearly 20% of the district's GDP, contributing over half of the growth rate, and represented one-fifth of the financial sector's added value for the entire city, with growth exceeding the municipal average.

The leading effect of pillar enterprises continued to strengthen. The revenue growth of the top ten enterprises in leasing and business services, information services, scientific and technical services, and transportation significantly outpaced the growth rates of their corresponding citywide sectors, by factors of 5.0, 1.3, 3.1, and 8.8 respectively. Their contributions to the district's revenue in these sectors reached 95.3%, 84.8%, 91.4%, and 123.6% respectively. The growth rate of the top ten enterprises in culture, sports, and entertainment was 20.8 times the citywide average for that sector, demonstrating the continued release of agglomeration effects from leading firms.

Innovation entities and R&D vitality gathered momentum. The scale of innovative entities continued to expand. From January to November, revenues of large-scale national high-tech enterprises and specialized, sophisticated enterprises generating unique products grew by 4.6% and 4.5% year-on-year, respectively. Revenue from large-scale artificial intelligence enterprises increased by 11.5%, maintaining a rapid growth trend. The district's national-level "little giant" enterprises and unicorn companies accounted for 8% and 21.7% of the city's total, respectively, ranking at the forefront municipally and further consolidating the advantage of agglomerated innovative entities.

R&D investment and achievement transformation improved synergistically. Enterprises in Zhongguancun Chaoyang Park saw synchronized growth in revenue and profit. From January to November, total revenue increased by 8.9% year-on-year, 1.6 percentage points higher than the city's average. Total profit grew by 16.8% year-on-year, while R&D expenses increased by 3.0%. A positive development cycle of "high investment, high growth, high benefit" was continuously refined. Technology income rose by 12.9% year-on-year, accounting for 36.2% of total revenue, which was 7.8 percentage points higher than the city's average.

Effective investment and foreign capital momentum continued to strengthen. The investment structure was continuously optimized. Throughout the four quarters, construction and installation investment combined with equipment purchase investment accounted for over half of the district's total investment, growing by 8.7% year-on-year, indicating a further shift toward a quality- and efficiency-oriented investment structure. From the perspective of investment entities, enterprises from Hong Kong, Macao, Taiwan, and foreign countries saw their completed investment surge by 100.7% year-on-year, accounting for 21.9% of the district's fixed-asset investment, an increase of 11.1 percentage points from the previous year, demonstrating a significantly enhanced pulling effect.

Foreign capital vitality accelerated into a leading position. From January to December 2025, Chaoyang District newly established 533 foreign-funded enterprises, a year-on-year increase of 14.4%, accounting for 22.2% of the city's total. Actual utilized foreign capital reached 2.13 billion U.S. dollars, a year-on-year increase of 33.9%, accounting for 31.0% of the city's total. Both figures ranked first in the city.

This substantial report card makes the path of high-quality economic development in Chaoyang clearly visible. In 2026, Chaoyang District will continue to focus on innovation leadership and opening-up empowerment, striving to consolidate the momentum of economic recovery and growth, and writing a new chapter in regional modernization. The future is promising, and new breakthroughs in Chaoyang are anticipated.

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