GDP growth (quarterly) · China

China GDP Growth Rate QoQ

The China GDP Growth Rate QoQ measures how much the economy of China, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

Wichtigkeit
High
Veröffentlicht
Quarterly
Währung
CNH · Chinese yuan (renminbi)
Zentralbank
The People's Bank of China
Bewegt
GAUCNH · USDCNH · XAUCNH

Neueste Zahlen

Die letzte Veröffentlichung, für Q3, erschien am 2026-10-19 und lag bei 1.2%. Das liegt über dem Konsens von 1.1%. Das ist mehr als 0.9% beim letzten Mal.

A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

In den letzten 8 Veröffentlichungen lag der Wert zwischen 0.9% und 1.6%, im Schnitt 1.2%.

Jan 2025: 1.6%Apr 2025: 1.2%Jul 2025: 1.1%Oct 2025: 1.1%Jan 2026: 1.2%Apr 2026: 1.3%Jul 2026: 0.9%Oct 2026: 1.2% Jan 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
19 Oct 2026Q31.2%1.1%0.9%
15 Jul 2026Q20.9%0.9%1.3%
16 Apr 2026Q11.3%1.3%1.2%
19 Jan 2026Q41.2%1%1.1%
20 Oct 2025Q31.1%0.8%1.0% ®
15 Jul 2025Q21.1%0.9%1.2%
16 Apr 2025Q11.2%1.4%1.6%
17 Jan 2025Q41.6%1.6%1.3% ®

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the Chinese yuan (renminbi), and can push the People's Bank of China towards higher rates; a contraction raises the odds of cuts.

So wird gerechnet

the National Bureau of Statistics (NBS) adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.

GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1

Was Veränderungen bedeuten

  • Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
  • Look at the mix: growth from consumption and investment is healthier than growth from inventories.
  • An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.

Höher als erwartet: A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.

Niedriger als erwartet: A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.

Eine kurze Geschichte

Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.

Fragen

What is the China GDP Growth Rate QoQ?

The China GDP Growth Rate QoQ measures how much the economy of China, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

What was the latest China GDP Growth Rate QoQ?

1.2% for Q3, published on 19 October 2026 (consensus 1.1%, previous 0.9%).

What is the difference between quarterly and annual GDP growth?

Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.