China’s economy grew 4.5% year on year in Q3

GDP reached 107,107.1 billion yuan in the first three quarters. Value added in services rose 5.2% year on year, compared with 3.8% in the secondary sector and 3.7% in the primary sector. The figures were published as preliminary estimates.

Third-quarter growth exceeded the 4.3% year-on-year rate in the second quarter; growth had been 5.0% in the first quarter. The quarter-on-quarter figure is seasonally adjusted, while annual GDP growth is measured at constant prices.

China’s National Bureau of Statistics said on 19 October that industrial value added at designated-size firms rose 5.3% year on year in January–September. High-tech manufacturing increased 14.3%. Value added in equipment manufacturing grew 10.2% over the same period, 4.9 percentage points faster than overall industrial growth. Growth rates are calculated at comparable prices. By product, output of 3D-printing devices rose 62.5%, lithium-ion batteries 39.5% and industrial robots 29.1%. The bureau’s industrial series covers enterprises above its designated-size threshold.

China’s National Bureau of Statistics reported on 19 October that fixed-asset investment excluding rural households fell 7.2% year on year in January–September 2026. Excluding property development, it declined 4.2%. The reported total was 33,411.5 billion yuan. The bureau said the year-on-year decline was unchanged from the January–August reading; investment rose 0.07% month on month in September after seasonal adjustment. Investment in high-tech industries increased 4.9%, while investment in information services rose 20.2%. Annual rates are calculated on a comparable basis. The release defines fixed-asset investment as completed construction and acquisition activity and related costs during the period.