Financial News: China Q3 GDP Growth Improves

China Q3 GDP Growth Improves

10/19/2026 - 01:38:00 (RTTNews)

(RTTNews) - China's economic growth accelerated in the third quarter, bolstering prospects that the government will meet its full-year growth target, official data revealed Monday.

Gross domestic product grew 4.5 percent on a yearly basis in the third quarter, which was faster than the 4.3 percent expansion seen a quarter ago, the National Bureau of Statistics said. This was also better than forecast of 4.4 percent.

The government aims to achieve 4.5-5 percent economic growth this year.

On a quarterly basis, GDP advanced 1.2 percent in the third quarter compared to the expected rate of 1.1 percent.

Data today showed that industrial production expanded at a faster pace of 5.5 percent from a year ago after a gain of 5.2 percent in August. Economists had forecast a 5.4 percent increase.

Likewise, retail sales posted an annual growth of 1.1 percent in September, following a 0.4 percent rise in August. The growth surpassed economists' forecast of 0.5 percent.

In the first nine months of 2026, fixed asset investment contracted 7.2 percent from the same period last year. At the same time, property investment plunged 20.6 percent.

The urban unemployment rate dropped marginally to 5.2 percent in September, while the rate was expected to remain unchanged at 5.3 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China Q3 GDP Growth Improves (56 min(s), 16 sec(s) ago)
(RTTNews) - China's economic growth accelerated in the third quarter, bolstering prospects tha ...Full Story»

New Zealand Performance Of Services Index Ebbs In September - BusinessNZ (32 min(s), 44 sec(s) ago)
(RTTNews) - The services sector in New Zealand continued to expand in September, albeit at a sligh ...Full Story»

China Data Due On Monday (28 min(s), 44 sec(s) ago)
(RTTNews) - China is scheduled to release a raft of data on Monday, highlighting a busy day for As ...Full Story»

New Zealand Has NZ$1.971 Billion Trade Shortfall (26 min(s), 44 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$1.971 billion in September, the N ...Full Story»

U.S. Industrial Production Climbs More Than Expected In September (57 min(s), 44 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve on Friday showed industrial production in the ...Full Story»

U.S. Import, Export Prices Jump Much More Than Expected In September (44 min(s), 44 sec(s) ago)
(RTTNews) - Import and export prices in the U.S. both increased by far more than anticipated in th ...Full Story»

U.S. Import, Export Prices Jump Much More Than Expected In September (03 min(s), 44 sec(s) ago)
(RTTNews) - Import and export prices in the U.S. both increased by far more than anticipated in th ...Full Story»

Irish Trade Surplus Shrinks On Weaker Exports (39 min(s), 44 sec(s) ago)
(RTTNews) - Ireland's foreign trade surplus decreased in August from a year ago as exports fel ...Full Story»