China’s GDP Q3 2025 +4.8%

According to data released by the National Bureau of Statistics, China’s GDP grew by 4.8 per cent year on year in the third quarter of 2025.

On a quarterly basis, GDP grew 1.1 per cent in the July-September period, while in the first three quarters of the year, the country's economy rose by 5.2 per cent.

During the first nine months of 2025, the value added by industrial enterprises rose by 6.2 per cent year-on-year. The equipment manufacturing industry recorded a 9.7 per cent increase, while the high-tech manufacturing sector grew by 9.6 per cent, exceeding the overall growth of large industrial enterprises by 3.5 and 3.4 percentage points, respectively.

Retail sales, a key measure of consumer spending, rose by 4.5 per cent year-on-year in the first nine months, with online retail sales up 9.8 per cent.

Fixed-asset investment, which measures spending on infrastructure, property, machinery, and equipment, fell by 0.5 per cent from a year earlier in the January–September period. Excluding real estate development, fixed-asset investment grew by 3 per cent.

The surveyed urban unemployment rate stood at 5.2 per cent during the first three quarters of 2025.