China GDP Growth Rate

The Chinese economy grew by 1.6 percent quarter-on-quarter in the three months to September 2018, compared to a 1.7 percent expansion in the previous period and matching market estimates. GDP Growth Rate in China averaged 1.80 percent from 2010 until 2018, reaching an all time high of 2.40 percent in the first quarter of 2011 and a record low of 1.40 percent in the first quarter of 2016.

GDP Growth Rate in China is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in China to stand at 1.60 in 12 months time. In the long-term, the China GDP Growth Rate is projected to trend around 1.10 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-01-18	07:00 AM	GDP Growth Rate QoQ	1.6%	1.8%	1.6%	1.70%
2018-04-17	02:00 AM	GDP Growth Rate QoQ	1.4%	1.6%	1.5%	1.5%
2018-07-16	02:00 AM	GDP Growth Rate QoQ	1.8%	1.4%	1.6%	1.4%
2018-10-19	02:00 AM	GDP Growth Rate QoQ	1.6%	1.8%	1.6%	1.5%
2019-01-10	02:00 AM	GDP Growth Rate QoQ		1.6%		1.30%
2019-04-17	02:00 AM	GDP Growth Rate QoQ				1.30%
2019-07-16	02:00 AM	GDP Growth Rate QoQ				1.40%

China Economy Expands 1.6% QoQ in Q3

The Chinese economy grew by 1.6 percent quarter-on-quarter in the three months to September 2018, compared to a 1.8 percent expansion in the previous period and matching market estimates.

Year-on-year, the economy advanced 6.5 percent in the third quarter of 2018, after a 6.7 percent growth in the previous three quarters and missing market expectations of 6.6 percent. It was the lowest growth rate since the aftermath of the global financial crisis in the first quarter of 2009, amid intense tariff dispute with the US and and alarming off-balance-sheet borrowings by local governments.

For 2018, the Chinese government targets growth at around 6.5 percent.

In 2017, the economy expanded by 6.9 percent, beating the government target of around 6.5 percent and following a 26-year low of 6.7 percent in 2016.

National Bureau of Statistics l Rida | rida@tradingeconomics.com
10/19/2018 2:30:18 PM

Recent Releases

China Economy Expands 1.8% QoQ in Q2
The Chinese economy grew by 1.8 percent quarter-on-quarter in the three months to June of 2018, compared to a 1.4 percent expansion in the previous period and beating market estimates of a 1.6 percent growth. It was the fastest quarterly expansion since the September quarter 2017.
Published on 2018-07-16

China Quarterly GDP Growth Weakest in 2 Years
The Chinese economy grew by 1.4 percent quarter-on-quarter in the three months to March of 2018, compared to an advance of 1.6 percent in the previous period and slightly below market expectations of 1.5 percent. It was the weakest pace of expansion since the first quarter of 2016.
Published on 2018-04-17

China Economy Grows 1.6% QoQ in Q4
China's gross domestic product grew by 1.6 percent on quarter in the three months to December of 2017, easing slightly from an upwardly revised 1.8 percent expansion in the previous period and matching market expectations. It was the weakest quarterly growth rate since the first quarter of the year.
Published on 2018-01-18

China Economy Grows 1.7% in Q3
The Chinese economy advanced by 1.7 percent quarter-on-quarter in the three months to September of 2017, compared to an upwardly revised 1.8 percent expansion in the previous period and in line with market expectations.
Published on 2017-10-19

China GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.60	1.70	2.40	1.40	percent	[+]
GDP Annual Growth Rate	6.50	6.70	15.40	3.80	percent	[+]
GDP	12237.70	11190.99	12237.70	47.21	USD Billion	[+]
Gross National Product	824828.40	740598.70	824828.40	679.00	CNY HML	[+]
Gross Fixed Capital Formation	346440.80	318083.60	346440.80	80.70	CNY HML	[+]
GDP per capita	7329.09	6894.50	7329.09	132.00	USD	[+]
GDP per capita PPP	15308.71	14400.90	15308.71	1526.40	USD	[+]
GDP Constant Prices	650899.00	418961.10	827121.70	5262.80	CNY HML	[+]
GDP From Agriculture	42173.00	22087.00	65467.60	649.30	CNY HML	[+]
GDP From Construction	41590.00	25169.20	55689.00	181.90	CNY HML	[+]
GDP From Manufacturing	222165.00	144656.40	279996.90	2207.80	CNY HML	[+]
GDP From Services	345773.00	227575.60	427031.50	2212.70	CNY HML	[+]
GDP From Transport	29556.00	19042.10	36802.70	393.20	CNY HML	[+]

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. . This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.60	1.70	2.40	1.40	2010 - 2018	percent	Quarterly

Export Data API

Country	Last		Previous	Range
United States	3.50	Sep/18	4.2	16.7 : -10	%
Indonesia	3.09	Sep/18	4.21	4.21 : -3.57	%
Singapore	3.00	Sep/18	1.2	36.6 : -13.5	%
South Africa	2.20	Sep/18	-0.4	7.6 : -6.1	%
India	1.90	Jun/18	2	5.4 : -1.7	%
China	1.60	Sep/18	1.7	2.4 : 1.4	%
Russia	0.90	Jun/18	0.4	4.1 : -5.4	%
Brazil	0.80	Sep/18	0.2	3.9 : -3.9	%
Mexico	0.80	Sep/18	-0.1	3.2 : -5.7	%
South Korea	0.60	Sep/18	0.6	7.8 : -7	%
Spain	0.60	Sep/18	0.6	1.6 : -1.6	%
United Kingdom	0.60	Sep/18	0.4	5 : -2.7	%
Canada	0.50	Sep/18	0.7	3.1 : -2.3	%
France	0.40	Sep/18	0.2	8 : -5.3	%
Australia	0.30	Sep/18	0.9	4.4 : -2	%
Euro Area	0.20	Sep/18	0.4	1.3 : -3	%
Netherlands	0.20	Sep/18	0.7	1.7 : -3.6	%
Saudi Arabia	-0.05	Mar/18	0.05	8.5 : -2.1	%
Italy	-0.10	Sep/18	0.2	6 : -2.8	%
Germany	-0.20	Sep/18	0.5	4 : -4.5	%
Switzerland	-0.20	Sep/18	0.7	2.4 : -1.9	%
Japan	-0.60	Sep/18	0.7	3.2 : -4.8	%
Turkey	-1.10	Sep/18	0.6	5.6 : -5.2	%
Argentina	-4.00	Jun/18	0.7	5 : -5.7	%