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. source: National Bureau of Statistics of China

The Gross Domestic Product (GDP) in China expanded 0.90 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in China averaged 1.55 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 July of 2026.

The Gross Domestic Product (GDP) in China expanded 0.90 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in China is expected to be 0.70 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
2026-04-16 02:00 AM
GDP Growth Rate QoQ
Q1 1.3% 1.2% 1.3% 1.4%
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 0.9% 0.7%


Related Last Previous Unit Reference
Full Year GDP Growth 5.00 5.00 percent Dec 2025
GDP Growth Rate YoY 4.30 5.00 percent Jun 2026
GDP Constant Prices 686971.40 335748.70 CNY Hundred Million Jun 2026
GDP from Agriculture 19581.00 11940.80 CNY Hundred Million Jun 2026
GDP from Construction 36042.90 13632.10 CNY Hundred Million Jun 2026
GDP from Manufacturing 250472.90 116134.90 CNY Hundred Million Jun 2026
GDP from Services 207592.00 206117.20 CNY Hundred Million Jun 2026
GDP from Transport 31329.70 14638.00 CNY Hundred Million Jun 2026
GDP Growth Rate 0.90 1.30 percent Jun 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
0.90 1.30 12.80 -10.50 2010 - 2026 percent Quarterly
SA

News Stream
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
China Economy Expands 1.2% QoQ in Q4
China’s GDP grew 1.2% quarter-on-quarter in Q4 2025, beating market expectations of 1.0% and following a 1.1% increase in Q3, logging the fastest expansion in three quarters. The latest reading reflected sustained policy support from Beijing alongside efforts to curb excess industrial capacity and rein in aggressive price competition. Leaders in December pledged to maintain a proactive fiscal stance for this year, with the statistics bureau calling for stronger macro policies and expanded domestic demand. Authorities also vowed to strongly lift household consumption’s share of the economy over the next five years. On the monetary front, the PBoC continued to keep liquidity ample, guiding borrowing costs lower, and providing cross-cyclical support without resorting to excessive stimulus. Recent measures included sector-specific lending rate cuts, signals of possible reserve-requirement and broader rate reductions, and steps to stabilize capital markets against mounting headwinds.
2026-01-19