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China's GDP grows 4.6% in Q1-Q3 2026

3:11pm 19 Oct, 2026 Stella Chen

Guangzhou (JLC), October 19, 2026--China's gross domestic product (GDP) amounted to roughly 107.11 trillion yuan (about 15.94 trillion US dollars) in the first three quarters (Q1-Q3) of 2026, rising by 4.6% year on year, according to the latest data released by the National Bureau of Statistics (NBS).

 

In Q3, the country's GDP increased by 4.5% year on year, accelerating from 4.3% in Q2 but slowing down from 5.0% in Q1.

 

The value added by the primary industry grew by 3.7% year on year to about 5.90 trillion yuan in Q1-Q3; that by the secondary industry climbed by 3.8% to 38.38 trillion yuan; and that by the tertiary industry went up by 5.2% to 62.83 trillion yuan.

 

The country's value-added industrial output - a gauge of activity in the manufacturing, mining, and utilities sectors - expanded by 5.3% year on year in January-September.

 

Meanwhile, retail sales of consumer goods, a key indicator of consumer spending, ascended by 1.1% year on year to 37.00 trillion yuan, the NBS data shows.

 

The total value of China's foreign trade reached 39.94 trillion yuan in the period, soaring by 18.8% from a year earlier. Specifically, the exports and imports surged by 16.4% and 22.3%, respectively, to 23.20 trillion yuan and 16.74 trillion yuan.

 

At the same time, the country's consumer price index inched up by 0.9% year on year, while its producer price index moved up by 2.3%.

 

In contrast, fixed-asset investment tumbled by 7.2% year on year to 33.41 trillion yuan in the first nine months. By sector, the investment in infrastructure construction dropped by 4.2%, that in manufacturing fell by 2.1%, and that in real estate development slumped by 20.6%.

 

The surveyed urban unemployment rate settled at 5.2% on average in Q1-Q3, stable year on year, the NBS data indicates.