China GDP
EconomyEconomic Indicators
China reports 4.8% quarterly GDP growth, moving closer to annual target
The third-quarter figure brings yearly growth to 5.2 per cent, meeting expectations but prompting calls for policy support from analysts
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China faces numerous challenges as it attempts to meet its annual goal for economic growth, including a heated trade conflict with the US. Photo: NurPhoto via Getty Images
Sylvia Main Hong KongandJi Siqiin Beijing
Published: 10:03am, 20 Oct 2025Up 02pm, 20 Oct 2025
China’s economy grew 4.8 per cent year dated: 12:02pm, 20 Oct 2025
China’s economy grew 4.8 per cent year on year in the third quarter of 2025, keeping the country largely on track to achieve its full-year target, but analysts said further policy support is still needed to maintain this stable trajectory and improve domestic demand.
The closely watched figure for gross domestic product, released by the National Bureau of Statistics (NBS) on Monday, came in just above the 4.76 per cent forecast in a survey of economists by Chinese financial data provider Wind.
It marked a deceleration from the 5.2 per cent expansion recorded in the second quarter and the 5.4 per cent observed in the first.
China's economic recovery
EconomyChina Economy
IMF stays upbeat on China growth despite US trade tensions
In its new World Economic Outlook, agency keeps China growth estimate at 4.8 per cent for 2025 even as uncertainty prevails in global trade
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China’s economy has outperformed expectations in recent months despite facing higher external tariffs, leading the International Monetary Fund to raise its growth forecast. Photo: AFP
Luna Sunin Beijing
Published: 9:00pm, 14 Oct 2025Updated: 11:15pm, 14 Oct 2025
China’s economy will grow 4.8 per cent in 2025 before growth moderates to 4.2 per cent in 2026 according to the latest projection by the International Monetary Fund (IMF), a sign of cautious optimism from the agency even as US-China ties remain volatile.
The forecast for 2025 is unchanged from IMF’s July’s estimate, 0.8 percentage points higher than its April projection and 0.3 percentage points higher than the report from last October.
The Chinese economy’s resilient performance was driven by “front-loading in international trade and relatively robust domestic consumption supported by fiscal expansion in 2025”, which had “more than offset the headwinds from higher uncertainty and tariffs”, the IMF said in its World Economic Outlook report.
China travel
EconomyChina Economy
China’s ‘super golden week’ forecast to spark travel boom at home and abroad
This year’s holiday combines National Day with the Mid-Autumn Festival – and could see trips more than double year on year, analysts say
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Passengers wait for trains at Hangzhou East Railway Station on April 30, in Hangzhou, Zhejiang province. Photo: VCG via Getty Images
Ralph Jennings
Published: 9:30am, 1 Oct 2025
Visa-free travel abroad and free toll roads at home are expected to fuel a surge in travel by Chinese citizens during an extra-long holiday starting this week, in what analysts call a boon for the service economy.
Total trips outside mainland China are forecast to reach between 8 million and 8.4 million – more than double the 3.8 million recorded for the holiday in 2024 – according to travel marketing and technology company China Trading Desk on Monday.
Demand is “surging” for visa-free destinations such as Malaysia, Singapore and Thailand, the firm said. Long popular with Chinese tourists, all three have scrapped visa requirements since the pandemic.
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