China GDP Annual Growth Rate 1989-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in China expanded 7 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in China averaged 9.04 percent from 1989 until 2015, reaching an all time high of 14.20 percent in the fourth quarter of 1992 and a record low of 3.80 percent in the fourth quarter of 1990. GDP Annual Growth Rate in China is reported by the National Bureau of Statistics of China.

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China GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 14.20 3.80 1989 - 2015 percent Quarterly
In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. This page provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - China GDP Annual Growth Rate - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-01-20 02:00 AM Q4 7.3% 7.3% 7.2% 7.2%
2015-04-15 03:00 AM Q1 7.0% 7.3% 7% 7.1%
2015-07-15 03:00 AM Q2 7.0% 7.0% 6.9% 6.9%
2015-10-19 03:00 AM Q3 7.0% 6.7%


China GDP Growth Steady in Q2


The Chinese economy grew an annual 7.0 percent in the second quarter of 2015, the same pace as in the previous three-month period and slightly beating market consensus. An increase in manufacturing and a rebound in exports were able to offset cooling property market and steady investment.

Year-on-year, fixed asset investment increased 11.4 percent in the first six months of 2015, remaining flat from the first five months of the year. Property investment rose 4.6 percent in the first six months of 2015, easing from  a 5.1 percent increase in January to May. 

In June, the industrial sector expanded 6.8 percent year-on-year, accelerating from 6.1 percent in the previous month . The manufacturing sector rose 7.7 percent, mining was up 2.7 percent and the production and supply of electricity, heat, gas and water increased 2.1 percent.

Retail sales rose 10.6 percent, quickening from 10.1 percent in May. Meanwhile, exports unexpectedly grew by 2.8 percent, following a 2.5 percent drop in the preceding month. Imports declined by 6.1 percent after registering a 17.6 percent drop in May.

The country's statistics office attributed the steady growth to recent policy stimulus.

On quarterly basis, the GDP expanded 1.7 percent, compared to an upwardly revised 1.4 percent in the March quarter. 

For 2015, the Chinese government expects the economy to grow around 7 percent, the weakest expansion in 25 years. 

In 2014, the country registered a 7.4 percent expansion.

National Bureau Statistics l Rida Husna l rida@tradingeconomics.com
7/15/2015 4:19:13 AM


Recent Releases

China GDP Growth at 6-Year Low
The Chinese economy expanded 7.0 percent in the first quarter of 2015, down from a 7.3 percent increase in the previous three-month period. It is the lowest growth rate since the March quarter of 2009, due to a slowdown in manufacturing and property investment.
Published on 2015-04-15

Chinese Economy Expands 7.3% in Q4
China's GDP grew 7.3 percent year-on-year in the fourth quarter of 2014, the same as in the previous period and slightly better than expected. Like in Q3, cooling property market, weakening investment and unstable exports weighted on the growth.
Published on 2015-01-20

China GDP Growth at Five-Year Low
In the third quarter of 2014, China's gross domestic product expanded 7.3 percent year-on-year, slumping to a five-year low. The slowdown was driven by lower property investment, dwindling credit growth and weakening industrial production.
Published on 2014-10-21

China's Economy Expands 7.5% in Q2
China's GDP grew 7.5 percent from April to June from a year earlier, slightly more than expectations and up from 7.4 percent in the first quarter boosted by a series of stimulus measures announced by the government in April.
Published on 2014-07-16


China GDP Last Previous Highest Lowest Unit
GDP 10360.10 9490.60 10360.10 46.68 USD Billion [+]
GDP Growth Rate 1.70 1.40 2.50 1.40 percent [+]
GDP Annual Growth Rate 7.00 7.00 14.20 3.80 percent [+]
Gross National Product 634367.30 566130.20 634367.30 679.00 CNY HML [+]
GDP per capita 3865.88 3619.44 3865.88 83.33 USD [+]
Gross Fixed Capital Formation 283017.60 263027.90 283017.60 80.70 CNY HML [+]
GDP per capita PPP 12608.87 11805.08 12608.87 1516.21 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 2.70 Mar/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.90 Mar/15 2.40 13.40 -4.10 percent [+]