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China Q3 GDP growth slows to 4.8% y/y, in line with forecast

  • Data released on Monday showed China’s GDP grew 4.8% year-on-year in Q3 2025, just above a 4.76% Wind forecast and slowing from 5.2 in the second quarter.
  • A prolonged property slump and renewed US trade tensions drove weaker demand, prompting Chinese authorities to roll out modest stimulus and policy finance tools since September.
  • On a quarterly basis, GDP rose 1.1% in Q3, while industrial output grew 6.5 in September, and retail sales slowed to 3.0.
  • The figures arrived on the opening day of the Communist Party fourth plenum, running through Oct 23, as Beijing aims for around 5% full-year growth and investors watch December meetings.
  • US tariff threats starting November 1 have pressured Chinese exporters, forcing diversification and highlighting vulnerabilities in China's manufacturing- and export-dependent economy despite export growth rebound in September.
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Beijing. The Chinese economy grew less than 5% in the third quarter, its lowest level of the year, according to official figures published on Monday, just as the Communist Party began four days of closed-door meetings to define long-term economic planning.According to data from the National Bureau of Statistics (ONE), Chinese GDP for the period from July to September grew 4.8% year-on-year, below 5.2% of the previous quarter, due to turbulence a…

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Center

Chinese GDP brake to +4.8% in the quarter with consumption and real estate (ANSA)

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YUAN TALKS broke the news in on Sunday, October 19, 2025.
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