China reports 4.5% real GDP growth for July–September
October 19 preliminary release. The third quarter's 4.5% is real growth against the same quarter a year earlier.
IllustrationChina's National Bureau of Statistics released preliminary figures on October 19 showing real GDP up 4.5% year on year in the third quarter. Growth increased from 4.3% in the second quarter; January–September growth was 4.6%.
Read for 8 seconds to inform recommendations.Reading history & counting settings
October 19 preliminary release. The third quarter's 4.5% is real growth against the same quarter a year earlier.
Quarterly growth edges up
Year-on-year real growth was 5.0% in January–March, 4.3% in April–June and 4.5% in July–September. The latest rate rose by 0.2 percentage points. Third-quarter growth against the preceding quarter was 1.2%, a different comparison from the 4.5% annual rate.
Domestic demand remains a challenge
January–September GDP grew 4.6%. The bureau cited production and trade expansion while acknowledging insufficient domestic demand. Real-estate development investment fell 20.6% year on year over those nine months. GDP and investment in one sector measure different things and should be read together, not treated as identical indicators.
Sources & further reading
Our own summary based on the public information below.
- 中国国家統計局：2026年1〜9月の経済統計と四半期GDP ↗Source publication date: 2026-10-19
- 中国国家統計局：消費・投資などの内訳 ↗Source publication date: 2026-10-19
- 共同通信：中国GDP、7〜9月期4.5％増（ライブドア配信） ↗Source publication date: 2026-10-19
This is a record of information available at publication. Later reports may change the details. Check the source for current weather, safety and market information.