The Chinese economy expanded by a seasonally adjusted 1.5 percent on quarter in the three months to December 2019, following a downwardly revised 1.4 percent growth in the previous quarter and matching market consensus. GDP Growth Rate in China averaged 1.76 percent from 2010 until 2019, reaching an all time high of 2.40 percent in the first quarter of 2011 and a record low of 1.40 percent in the first quarter of 2016. source: National Bureau of Statistics of China

GDP Growth Rate in China is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in China to stand at 1.20 in 12 months time. In the long-term, the China GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

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China GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.40 2.40 1.40 2010 - 2019 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-04-17 02:00 AM Q1 1.4% 1.5% 1.4% 1.4%
2019-07-15 02:00 AM Q2 1.6% 1.4% 1.5% 1.4%
2019-10-18 02:00 AM Q3 1.5% 1.6% 1.5% 1.2%
2020-01-17 02:00 AM Q4 1.5% 1.4% 1.5% 1.4%
2020-04-17 02:00 AM Q1 1.5% 1.4%


News Stream
2019-10-18
China Economy Grows 1.5% QoQ in Q3
The Chinese economy expanded by a seasonally adjusted 1.5 percent on quarter in the three months to September 2019, following a 1.6 percent growth in the previous period and matching market consensus.

2019-07-15
China Economy Expands 1.6% QoQ in Q2
The Chinese economy grew by a seasonally adjusted 1.6 percent on quarter in the three months to June 2019, accelerating from a 1.4 percent expansion in the previous period and beating market consensus of 1.5 percent. That was the fastest pace of expansion since the third quarter of 2018.

2019-01-21
China Quarterly GDP Growth Weakest in 3 Quarters
The Chinese economy grew by 1.5 percent quarter-on-quarter in the three months to December 2018, compared to a 1.6 percent expansion in the previous period and in line with market estimates. It was the weakest pace of quarterly expansion since the first quarter of the year.


China GDP Growth Rate
In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports. .

China GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 1.40 2.40 1.40 percent [+]
GDP Annual Growth Rate 6.00 6.00 15.40 3.80 percent [+]
GDP 13608.15 12143.49 13608.15 47.21 USD Billion [+]
Gross National Product 896915.60 820099.50 896915.60 679.10 CNY HML [+]
Gross Fixed Capital Formation 380771.80 349368.80 380771.80 80.70 CNY HML [+]
GDP per capita 7755.00 7308.10 7755.00 132.30 USD [+]
GDP per capita PPP 16186.80 15254.00 16186.80 1522.00 USD [+]
GDP From Agriculture 70467.00 43005.00 70467.00 649.30 CNY HML [+]
GDP From Construction 45134.00 27465.60 61808.00 181.90 CNY HML [+]
GDP From Manufacturing 233457.00 152993.70 305160.00 2207.80 CNY HML [+]
GDP From Services 376925.00 247742.60 469574.60 2212.70 CNY HML [+]
GDP From Transport 31894.00 20494.80 40550.00 393.20 CNY HML [+]
GDP Constant Prices 990865.00 697798.00 990865.00 5262.80 CNY HML [+]