China’s economy advanced 1.2% qog in Q3 2026, above market estimates of 1.1% and up from 0.9% in Q2. Stronger activity ahead of and during the Golden Week holiday period supported growth, alongside incremental policy support from Beijing. The central government has ramped up stimulus in recent months, including targeted rate cuts and mortgage subsidies in late September, plans to accelerate major infrastructure projects, and the allocation of CNY 550 billion in unused debt quotas to local governments in early October. Meanwhile, Goldman Sachs noted that more favourable weather also supported activity in Q3 compared with Q2. However, it added, fiscal policy tightening and higher global energy prices continued to weigh on growth. Mao Shengyong, deputy director of the National Bureau of Statistics, noted that a volatile international environment and weak domestic demand continued to pose challenges, underscoring the need for further support to sustain growth amid a fragile recovery. source: National Bureau of Statistics of China

The Gross Domestic Product (GDP) in China expanded 1.20 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in China averaged 1.54 percent from 2010 until 2026, reaching an all time high of 12.80 percent in the second quarter of 2020 and a record low of -10.50 percent in the first quarter of 2020. This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

The Gross Domestic Product (GDP) in China expanded 1.20 percent in the third quarter of 2026 over the previous quarter. GDP Growth Rate in China is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China GDP Growth Rate is projected to trend around 0.70 percent in 2027 and 0.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-15 02:00 AM
GDP Growth Rate QoQ
Q2 0.9% 1.3% 0.9% 1%
2026-10-19 02:00 AM
GDP Growth Rate QoQ
Q3 1.2% 0.9% 1.1% 1.3%


Related Last Previous Unit Reference
Full Year GDP Growth 5.00 5.00 percent Dec 2025
GDP Growth Rate YoY 4.50 4.30 percent Sep 2026
GDP Constant Prices 1058656.00 686971.40 CNY Hundred Million Sep 2026
GDP from Agriculture 27472.10 19581.00 CNY Hundred Million Sep 2026
GDP from Construction 57210.60 36042.90 CNY Hundred Million Sep 2026
GDP from Manufacturing 383822.30 250472.90 CNY Hundred Million Sep 2026
GDP from Services 214545.80 207592.00 CNY Hundred Million Sep 2026
GDP from Transport 48923.00 31329.70 CNY Hundred Million Sep 2026
GDP Growth Rate 1.20 0.90 percent Sep 2026
Gross Fixed Capital Formation 530436.70 534534.30 CNY Hundred Million Dec 2025
Gross National Income 1393700.00 1339672.00 CNY Hundred Million Dec 2025


China GDP Growth Rate
In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 0.90 12.80 -10.50 2010 - 2026 percent Quarterly
SA

News Stream
China Economy Expands 1.2% QoQ in Q3
China’s economy advanced 1.2% qog in Q3 2026, above market estimates of 1.1% and up from 0.9% in Q2. Stronger activity ahead of and during the Golden Week holiday period supported growth, alongside incremental policy support from Beijing. The central government has ramped up stimulus in recent months, including targeted rate cuts and mortgage subsidies in late September, plans to accelerate major infrastructure projects, and the allocation of CNY 550 billion in unused debt quotas to local governments in early October. Meanwhile, Goldman Sachs noted that more favourable weather also supported activity in Q3 compared with Q2. However, it added, fiscal policy tightening and higher global energy prices continued to weigh on growth. Mao Shengyong, deputy director of the National Bureau of Statistics, noted that a volatile international environment and weak domestic demand continued to pose challenges, underscoring the need for further support to sustain growth amid a fragile recovery.
2026-10-19
China Economy Expands 0.9% QoQ in Q2
China’s economy grew 0.9% qoq in Q2 2026, matching market expectations but easing from a 1.3% gain in Q1. It was the weakest quarterly growth since Q2 2024, as soft domestic demand and the oil shock linked to the Iran war offset resilient exports. The latest figures highlighted an increasingly uneven recovery, with manufacturing remaining a key growth driver while household consumption and private investment stayed subdued amid the prolonged property downturn and the lingering effects of higher energy costs. The data came ahead of the closely watched late-July Politburo meeting, reinforcing expectations for additional policy support for the rest of the year. Economists expect Beijing to lean more on fiscal stimulus to support growth, as the central bank has limited scope for aggressive monetary easing despite easing oil prices. Premier Li Qiang has called for "a comprehensive and objective understanding" of the economic situation and urged stronger counter-cyclical policy adjustments.
2026-07-15
China Economy Expands 1.3% QoQ in Q1
China’s GDP grew 1.3% qoq in Q1 2026, matching market expectations and following a 1.2% increase in Q4. The latest result marked the strongest quarterly expansion since Q4 of 2024, supported by continued policy backing from Beijing. However, the statistics agency warned of an “acute” imbalance between “strong supply and weak demand,” adding that the external environment is becoming increasingly complex and volatile. The government has set a budget deficit target of around 4% of GDP for this year and plans sizable bond issuance to help sustain growth. Meanwhile, the central bank has signaled it will maintain an accommodative monetary stance, although the scope for aggressive rate cuts remains constrained by rising inflation. Economists currently expect a 20bp cut in banks’ reserve requirement ratio in Q3 to support liquidity. The Politburo is expected to convene later this month to review the economic outlook and policy direction.
2026-04-16