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China Economy Beats Forecasts With 4.5 Percent Growth in Previous Quarter
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News18•19-10-2026, 08:00
China Economy Beats Forecasts With 4.5 Percent Growth in Previous Quarter
- •China announced a 4.5 per cent economic growth for the July-September quarter compared to a year ago.
- •The latest figure accelerated from the 4.3 per cent growth recorded in the April-June period.
- •China aims for an official annual growth target of 4.5 to 5 per cent for the year.
- •Strong exports remain a bright spot with a massive trade surplus, despite a weakened domestic demand caused by the property market downturn.
- •Trade partners have expressed concerns over the increasing surge of lower-cost Chinese manufactured imports threatening domestic industries.
Key Questions Answered
China's economy grew by 4.5 per cent year-on-year for the July-September quarter, accelerating from the 4.3 per cent growth recorded in the April-June period.
Chinese leaders have set an official annual growth target of 4.5-5 per cent for the whole year.
Trade partners fear that their domestic industries and economies are facing growing threats from the surge of lower-cost Chinese manufactured imports.
