Business & IndustrySignal
China Records 4.6 Percent GDP Growth Across First Three Quarters
China reported steady economic expansion across the first three quarters, driven by technology-led trade growth and sustained investment across key sectors.
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Illustrative image; not a photograph of this reported event. CGP Grey via Wikimedia Commons, CC BY 2.0
The Brief
China News Service reported that China recorded a 4.6% year-on-year increase in gross domestic product across the first three quarters of the year, demonstrating stable economic momentum despite external pressure.
Foreign trade in technology products expanded rapidly over the three quarters, during which exports of integrated circuits rose by 99.1% compared to the prior-year period.
Investment initiatives also contributed to broader economic momentum, with investment in equipment and instrument purchases rising by 9.7% year on year and intellectual property product investment expanding by 9.3%.
Wang Jiaqiang, a senior researcher at the Bank of China Research Institute, noted that new growth drivers representing advanced manufacturing, the digital intelligence economy, and modern services contributed over 40% to economic growth across the period.
China context
Zhou Mi, a researcher at the Chinese Academy of International Trade and Economic Cooperation, stated that China goods import and export aggregate across the first three quarters approached the total trade volume recorded for the entire year of 2022.
Key Takeaways
- 1China achieved 4.6% gross domestic product expansion over the first three quarters of the year amid external pressures.
- 2Integrated circuit exports recorded a 99.1% year-on-year expansion during the initial three quarters of the year.
- 3New growth drivers including advanced manufacturing and digital economic sectors contributed over 40% to economic expansion.
Sources
- （经济观察）前三季度中国经济“成绩单”：外贸提速、新动能显效，经济增长底气足 — China News Service · 10/19/2026