China’s economy grew 4.8% in the 3rd quarter of 2025

by Andrea
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The consolidated Chinese GDP (Gross Domestic Product) for the year registered an increase of 5.2% and totaled R$ 77.2 trillion

China’s economy grew 4.8% in the 3rd quarter of 2025 compared to the same period in 2024. Chinese GDP (Gross Domestic Product) in the consolidated year registered growth of 5.2% compared to 9 months of last year.

GDP reached 101.5 trillion yuan (about R$77.2 trillion). The data was released by the National Bureau of Statistics of China this Sunday (19.Oct. 2025). Here is the document (PDF – 998 kB, in English).

The market pointed to growth of 4.8% in the 3rd quarter of 2025, below the 5.2% in the previous quarter and the official target of 5%. Consumer prices fell again in September, indicating deflationary pressure.

Speaking to journalists, a spokesperson for China’s National Bureau of Statistics defined the result of the Chinese economy as “extraordinary”. He declared that the economic slowdown in relation to the 2nd quarter was the result of the tariff war with the United States and the escalation of protectionism at a global level.

“Internationally, since Q3, tariff abuse by certain countries has impacted the global economic and trade order”said the spokesperson.

GROWTH BY SECTOR

The report highlights that industrial production accelerated 6.2% in the consolidated year. The production of electric vehicles, NEVs (acronym in English for New Energy Vehicles), soared 29.6% in the period, while the manufacture of robots increased 29.8%.

The services sector expanded 5.4%, with emphasis on information technology (11.2%) and business and leasing services (9.2%). Retail sales increased by 4.5%, totaling 36.6 trillion yuan (about R$27.9 trillion), with online commerce accounting for 25% of the total.

Check out some economic indicators for the 9 months of 2024:

  • agricultural production: growth of 3.6%
  • investments in fixed assets: drop of 0.5%
  • foreign trade: expansion of 4%
  • consumer price index: down 0.1%
  • urban unemployment rate: average of 5.2%

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