China Q3 GDP growth slows to 4.8%

July-September data the weakest pace of growth since the third quarter of 2024.

By AAP

20 October 2025

China shipping containers

China's economy grew 4.8 per cent in the third quarter from a year earlier, in line with analysts' expectations and maintaining pressure for fresh stimulus as a trade war with the US saps confidence.

The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday.

Analysts polled by Reuters had forecast July-September gross domestic product (GDP) would expand 4.8 per cent from a year earlier, slowing from the second-quarter's 5.2 per cent pace.

China is aiming for full-year growth of around 5 per cent.

On a quarterly basis, GDP grew 1.1 per cent in the third quarter, the National Bureau of Statistics data showed, compared with a forecast 0.8 per cent increase and a revised 1.0 per cent gain in the previous quarter.

The world's second-largest economy has steadily lost momentum following a strong start to the year, weighed down by a prolonged property slump, weak consumption and trade tensions. 

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