The Chinese economy grew by a seasonally adjusted 1.3 percent on quarter in the three months to June 2021,compared with market estimates of a 1.2 percent expansion and following a downwardly revised 0.4 percent advance in the previous quarter. China’s economy sustained a steady recovery, with production and demand picking up, employment and prices remaining stable, market expectations improving, and major macro indicators staying within a reasonable range, the National Bureau of Statistics said in a statement. It added, however, there were still concerns about the global spread of the pandemic and unbalanced recovery domestically. source: National Bureau of Statistics of China

GDP Growth Rate in China averaged 1.73 percent from 2010 until 2021, reaching an all time high of 10.10 percent in the second quarter of 2020 and a record low of -9.30 percent in the first quarter of 2020. This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

GDP Growth Rate in China is expected to be 1.10 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 1.50 in 12 months time. In the long-term, the China GDP Growth Rate is projected to trend around 1.10 percent in 2022 and 1.30 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
China GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.40 10.10 -9.30 2010 - 2021 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-19 02:00 AM Q3 2.7% 11.7% 3.2% 3.3%
2021-01-18 02:00 AM Q4 2.6% 3.0% 3.2% 3%
2021-04-16 02:00 AM Q1 0.6% 3.2% 1.5% 1.7%
2021-07-15 02:00 AM Q2 1.3% 0.4% 1.2% 1.4%
2021-10-18 02:00 AM Q3 1.3%


News Stream
China Economy Expands 1.3% QoQ in Q2
The Chinese economy grew by a seasonally adjusted 1.3 percent on quarter in the three months to June 2021,compared with market estimates of a 1.2 percent expansion and following a downwardly revised 0.4 percent advance in the previous quarter. China’s economy sustained a steady recovery, with production and demand picking up, employment and prices remaining stable, market expectations improving, and major macro indicators staying within a reasonable range, the National Bureau of Statistics said in a statement. It added, however, there were still concerns about the global spread of the pandemic and unbalanced recovery domestically.
2021-07-15
China Economy Expands 0.6% QoQ in Q1
The Chinese economy grew by a seasonally adjusted 0.6 percent on quarter in the three months to March 2021, following an upwardly revised 3.2 percent advance in the previous quarter and less than market expectations of a 1.5 percent expansion. This was the weakest quarterly growth rate since a contraction was recorded in the first quarter of 2020.
2021-04-16
China Economy Advances 2.6% QoQ in Q4
The Chinese economy expanded by a seasonally adjusted 2.6 percent on quarter in the three months to December 2020, following an upwardly revised 3 percent advance in the previous quarter and less than market expectations of a 3.2 percent expansion. This was the weakest quarterly growth since a contraction in the first quarter of 2020. For full 2020 however, the economy expanded 2.3 percent and China is likely to be the only major economy to avoid contraction due to the COVID-19 shocks.
2021-01-18
China Economy Expands 2.7% QoQ in Q3
The Chinese economy grew by a seasonally adjusted 2.7 percent on quarter in the three months to September 2020, following an upwardly revised 11.7 percent advance in the previous quarter and below market expectations of a 3.2 percent expansion.
2020-10-19

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. .