GDP growth (annual) · China
China GDP Growth Rate YoY
The China GDP Growth Rate YoY measures how much the economy of China grew compared with the same period a year earlier.
- 重要性
- High
- 发布时间
- Quarterly
- 货币
- CNH · Chinese yuan (renminbi)
- 中央银行
- The People's Bank of China
最新数据
最新一期（Q3）于 2026-10-19 公布，数值为 4.5%。 高于 4.4% 的市场预期。 高于上次的 4.3%。
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.
最近 8 次公布中介于 4.3% 至 5.4%，平均 4.9%。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 19 Oct 2026 | Q3 | 4.5% | 4.4% | 4.3% |
| 15 Jul 2026 | Q2 | 4.3% | 4.5% | 5% |
| 16 Apr 2026 | Q1 | 5% | 4.8% | 4.5% |
| 19 Jan 2026 | Q4 | 4.5% | 4.4% | 4.8% |
| 20 Oct 2025 | Q3 | 4.8% | 4.8% | 5.2% |
| 15 Jul 2025 | Q2 | 5.2% | 5.1% | 5.4% |
| 16 Apr 2025 | Q1 | 5.4% | 5.1% | 5.4% |
| 17 Jan 2025 | Q4 | 5.4% | 5% | 4.6% |
为何重要
The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and the People's Bank of China's view of how much spare capacity the economy has.
计算方法
the National Bureau of Statistics (NBS) compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.
Growth (yoy) = real GDP ÷ real GDP a year ago − 1变化意味着什么
- Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
- Annual growth turns only slowly; the quarterly figure shows turning points earlier.
高于预期：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.
低于预期：A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
简史
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
问题
What is the China GDP Growth Rate YoY?
The China GDP Growth Rate YoY measures how much the economy of China grew compared with the same period a year earlier.
What was the latest China GDP Growth Rate YoY?
4.5% for Q3, published on 19 October 2026 (consensus 4.4%, previous 4.3%).
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。