China’s economy grew 4.5% yoy in Q3 2026, accelerating from Q2’s three-year low of 4.3% and beating market expectations of 4.4%. Growth was supported by recent policy easing and resilient exports, particularly of AI-related components, high-tech manufactured goods and electric vehicles. September activity also strengthened, with industrial output and retail sales posting their fastest growth in six months, partly reflecting the boost from the Golden Week holiday period. For the first nine months of 2026, the economy expanded 4.6% from the same period in 2025, within the lower end of the government’s full-year growth target of 4.5%-5.0%. The National Bureau of Statistics said the domestic economy continued to develop so far this year, with key indicators improving and progress in high-quality growth. However, it warned that the volatile international environment and persistently weak domestic demand remain challenges, requiring further efforts to sustain the recovery. source: National Bureau of Statistics of China

The Gross Domestic Product (GDP) in China expanded 4.50 percent in the third quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in China averaged 8.61 percent from 1989 until 2026, reaching an all time high of 18.90 percent in the first quarter of 2021 and a record low of -6.80 percent in the first quarter of 2020. This page provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

The Gross Domestic Product (GDP) in China expanded 4.50 percent in the third quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in China is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China GDP Annual Growth Rate is projected to trend around 4.70 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-15 02:00 AM
GDP Growth Rate YoY
Q2 4.3% 5% 4.5% 4.6%
2026-10-19 02:00 AM
GDP Growth Rate YoY
Q3 4.5% 4.3% 4.4% 4.6%



Components Last Previous Unit Reference
GDP Growth Agriculture 3.80 3.90 percent Sep 2026
GDP Growth Construction -4.40 -4.10 percent Sep 2026
GDP Growth Financial Intermediation 4.10 6.90 percent Sep 2026
GDP Growth Hotels and Catering Services 5.50 5.00 percent Sep 2026
GDP Growth IT and Software Services 10.40 10.70 percent Sep 2026
GDP Growth Leasing and Business Services 12.90 11.60 percent Sep 2026
GDP Growth Manufacturing 6.30 5.10 percent Mar 2026
GDP Growth Real Estate -0.40 -0.20 percent Sep 2026
GDP Growth Transport, Storage And Post 5.90 5.10 percent Sep 2026
GDP Growth Wholesale and Retail Trade 5.60 3.30 percent Sep 2026

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 Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.30 18.90 -6.80 1989 - 2026 percent Quarterly

News Stream
China Q3 GDP Growth Beats Estimates
China’s economy grew 4.5% yoy in Q3 2026, accelerating from Q2’s three-year low of 4.3% and beating market expectations of 4.4%. Growth was supported by recent policy easing and resilient exports, particularly of AI-related components, high-tech manufactured goods and electric vehicles. September activity also strengthened, with industrial output and retail sales posting their fastest growth in six months, partly reflecting the boost from the Golden Week holiday period. For the first nine months of 2026, the economy expanded 4.6% from the same period in 2025, within the lower end of the government’s full-year growth target of 4.5%-5.0%. The National Bureau of Statistics said the domestic economy continued to develop so far this year, with key indicators improving and progress in high-quality growth. However, it warned that the volatile international environment and persistently weak domestic demand remain challenges, requiring further efforts to sustain the recovery.
2026-10-19
China Q2 GDP Growth Weakest Since 2022
China's economy expanded 4.3% year-on-year in Q2 2026, slowing from 5.0% in Q1 and missing market expectations of 4.5%. It marked the weakest annual growth since Q4 2022, as soft domestic demand, subdued private investment, and the prolonged property downturn outweighed continued support from resilient AI-related exports. The latest reading also fell below the lower end of Beijing's 4-1/2%–5.0% annual growth target, underscoring the uneven recovery and reinforcing expectations of further policy support. The National Bureau of Statistics (NBS) said in a statement that external uncertainties remained elevated, while the economy continued to face an imbalance between robust supply and weak demand. For the first half of 2026, GDP grew 4.7%. Deputy NBS head Mao Shengyong noted that the economy remained "within an appropriate range" and demonstrated "strong resilience," supported by high-tech and equipment manufacturing, while the services sector continued to post solid growth.
2026-07-15
China Q1 GDP Growth Above Expectations
China’s economy expanded 5.0% yoy in Q1 2026, accelerating from 4.5% in Q4 and beating forecasts of 4.8%. It marked the fastest annual growth in three quarters, supported largely by resilient export performance, although Beijing braces for potential fallout from the Iran conflict. So far, the economy has managed to absorb the shock with limited disruption, amid ample oil reserves, a diversified energy mix, and state controls that help contain price volatility. However, the underlying momentum appeared uneven in March, as industrial output rose more than expected, but retail sales growth missed estimates. Exports slowed sharply in the month, while imports surged. Meantime, fixed-asset investment in the January to March period continued to grow, albeit at a slower pace. Despite the stronger start, economists expect China’s growth momentum to weaken over the rest of the year, weighed down by mounting external headwinds, particularly if the Middle East crisis is prolonged.
2026-04-16