Yichang’s economy expands 6.1% in 2025

By Hu Yikai.

Yichang's gross domestic product grew 6.1 percent year-on-year to reach 646.44 billion yuan (US$89.16 billion) in 2025.

The city’s primary industry added 69.63 billion yuan, up 3.8 percent; the secondary industry grew 5.8 percent to 255.4 billion yuan, while the tertiary sector rose 6.8 percent to 321.41 billion yuan, according to data from the Yichang Municipal Bureau of Statistics and the Yichang Survey Office of the National Bureau of Statistics.

Agricultural production

Agricultural output remained stable, totaling 124.34 billion yuan, a 4.3 percent increase. Grain production reached 1.54 million tons.

Specialty crops saw strong growth. Vegetable output hit 5.87 million tons, fruit production reached 4.72 million tons and tea output rose to 129,800 tons.

Livestock farming was steady, with 6.32 million pigs sold. Total production of pork, beef, lamb and poultry reached 575,800 tons, and aquatic product output rose 4.4 percent to 226,500 tons.

Industrial economy

Industrial value added for major enterprises climbed 7.3 percent. Manufacturing grew 8.6 percent, while mining rose 4.4 percent.

High-tech manufacturing was a standout performer, jumping 15.9 percent and accounting for 17.1 percent of total industrial value added.

Key industries expanded significantly. Electrical machinery surged 17.4 percent, chemical manufacturing grew 15.2 percent and power supply rose 11 percent.
 

An aerial view of the Xingfa Group New Material Industrial Park. Photo by Li Yang.
 

Service sector

The service sector grew 6.8 percent. From January to November, revenue for major service enterprises rose 10.6 percent.

Modern services expanded rapidly. Revenue from software and IT services surged 30.9 percent. Leasing and business services grew 20.7 percent, while other transportation and warehousing services rose 34.5 percent.

Fixed-asset investment

Fixed-asset investment climbed 5.6 percent. Infrastructure investment jumped 19.2 percent, while high-tech investment rose 18 percent.

Policies promoting equipment updates triggered a 14.2 percent rise in equipment purchases. Investment in the secondary industry increased 6.1 percent.

Retail consumption

Retail sales of consumer goods hit 237.62 billion yuan, up 4.4 percent.

Green and smart products drove demand. Sales of new energy vehicles surged 29.3 percent and smartphones rose 20.9 percent. Online retail sales reached 13.16 billion yuan, up 12 percent.

Fiscal revenue and finance

The city’s general public budget revenue increased 11.2 percent to 32.71 billion yuan, with tax revenue accounting for 72.2 percent of the total.

Financial markets remained stable. By the end of December, deposits reached 740.12 billion yuan, up 9.4 percent. Loans totaled 731.91 billion yuan, a 10.4 percent increase.

Income and prices

Per capita disposable income reached 42,714 yuan, up 5.4 percent. The figure for urban residents was 50,874 yuan, compared with 27,524 yuan for rural residents.
The consumer price index (CPI) dipped 0.1 percent. Prices for clothing rose 3.7 percent, while transport and communication costs fell 2.9 percent.

Li Yang also contributed to this story.