The Chinese economy slows down and grows at the slowest pace of the year in the third quarter

The Chinese economy slows down and grows at the slowest pace of the year in the third quarter


Industrial production and retail sales grew, while investments in fixed assets decreased; information comes from NBS

THE Chinese economy it grew less than 5% between July and September this year, at the lowest rate of 2025, according to official data published by the Department of National Statistics (NBS) this Monday 20.

THE Gross Domestic Product (GDP) of the country has reached the threshold of 4.8%. From January to September, the world’s second-largest economy grew by 5.2% compared to the same period in 2024.

According to World Bank forecasts, China’s economy will grow at an annual rate of 4.8% this year. The result is compatible with the official growth target of “around 5%”.

China’s industrial production grew 6.5% in September. In the monthly variation the increase was 0.6%; in 3% per year in September. The result was lower than the 3.4% increase seen in August.

Retail sales in the country grew 3% last month. The result was lower than the 3.4% increase seen in August.

Investment in fixed assets fell 0.5% from January to September, year-on-year. Over the same period, real estate investment fell 13.9%, new construction fell 18.3% and new home sales fell 7.6%. /With AP and transmission

Source: Terra

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