China's Economy Grows 4.5% in Q3, Keeping 2026 Growth Target in Sight
China's economy grew 4.5% in Q3 2026, supported by strong exports and industrial output. Weak domestic demand and property market challenges remain.
China's Economy Grows 4.5% in Q3, Keeping 2026 Growth Target in Sight
China's economy grew by 4.5% year-on-year in the third quarter of 2026, showing a slight improvement from the 4.3% growth recorded in the second quarter. The latest figures were also better than economists' expectations of 4.41%, according to data released by China's National Bureau of Statistics (NBS).
During the first nine months of 2026, China's economy expanded by 4.6%. The government has set a full-year economic growth target of 4.5% to 5%, putting the country on track to achieve its annual goal.
Strong Exports Support Economic Growth
China's economic growth has received strong support from exports, particularly technology-related products and goods linked to artificial intelligence (AI).
Exports increased by 36.3% year-on-year in September, reflecting strong international demand. Industrial production also improved, rising by 5.5% compared with the same month last year, up from 5.2% growth in August.
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