China GDP Growth Rate 2010-2018 | Data | Chart | Calendar | Forecast

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 strongest quarterly expansion since the September quarter 2017. GDP Growth Rate in China averaged 1.81 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 1.30 percent in the first quarter of 2016.

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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.

Year-on-year, the economy advanced 6.7 percent year-on-year in the June quarter of 2018, after a 6.8 percent growth in the previous three quarters and matching market expectations. It was the weakest pace of expansion since the third quarter of 2016.

For 2018, the Chinese government targets growth at around 6.5 percent amid efforts to deleverage, contain debt and financial risks.

In 2017, the economy expanded by 6.9 percent, beating the govermet 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
7/16/2018 2:22:55 AM

Recent Releases

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

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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		1.8%		1.5%

China GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.80	1.40	2.40	1.30	percent	[+]
GDP Annual Growth Rate	6.70	6.80	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	418961.00	198683.00	827122.00	5262.80	CNY HML	[+]
GDP From Agriculture	22087.00	8904.00	65468.00	649.30	CNY HML	[+]
GDP From Construction	25169.20	9583.00	55689.00	181.90	CNY HML	[+]
GDP From Manufacturing	144656.40	68117.00	279997.00	2207.80	CNY HML	[+]
GDP From Services	227575.60	112428.00	427032.00	2212.70	CNY HML	[+]
GDP From Transport	19042.10	8861.00	36803.00	393.20	CNY HML	[+]

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. . 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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.80	1.40	2.40	1.30	2010 - 2018	percent	Quarterly

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Indonesia	4.21	Jun/18	-0.41	4.21	-3.57	%	Quarterly
United States	4.20	Jun/18	2.2	16.7	-10	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.80	Jun/18	1.4	2.4	1.3	%	Quarterly
Australia	0.90	Jun/18	1.1	4.4	-2	%	Quarterly
Turkey	0.90	Jun/18	1.5	5.6	-5.2	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Netherlands	0.80	Jun/18	0.6	1.7	-3.6	%	Quarterly
Canada	0.70	Jun/18	0.4	3.1	-2.3	%	Quarterly
Japan	0.70	Jun/18	-0.2	3.2	-4.9	%	Quarterly
Switzerland	0.70	Jun/18	1	2.4	-1.9	%	Quarterly
Singapore	0.60	Jun/18	2.2	36.6	-13.5	%	Quarterly
South Korea	0.60	Jun/18	1	7.8	-7	%	Quarterly
Spain	0.60	Jun/18	0.7	1.6	-1.6	%	Quarterly
Germany	0.50	Jun/18	0.4	4	-4.5	%	Quarterly
Euro Area	0.40	Jun/18	0.4	1.3	-3	%	Quarterly
United Kingdom	0.40	Jun/18	0.2	5	-2.7	%	Quarterly
Brazil	0.20	Jun/18	0.1	3.9	-3.9	%	Quarterly
France	0.20	Jun/18	0.2	8	-5.3	%	Quarterly
Italy	0.20	Jun/18	0.3	6	-2.8	%	Quarterly
Saudi Arabia	-0.05	Mar/18	0.05	8.5	-2.1	%	Quarterly
Mexico	-0.20	Jun/18	1	3.2	-5.7	%	Quarterly
South Africa	-0.70	Jun/18	-2.6	7.6	-6.1	%	Quarterly
Argentina	-4.00	Jun/18	0.7	5	-5.7	%	Quarterly