October 19, 2026
China's economic growth accelerated in the third quarter. Gross domestic product (GDP) grew 4.5% on a yearly basis in the third quarter, faster than the 4.3% expansion seen in the prior quarter. Quarterly, GDP advanced 1.2%. The economy expanded 4.6% in the nine months to September, within the government's full-year target of 4.5-5%. Industrial production expanded at an accelerating pace, rising 5.5% in September compared with a year ago, up from a 5.2% gain in August. Likewise, retail sales rose 1.1% year on year in September, up from 0.4% in August. In the first nine months of 2026, fixed asset investment contracted 7.2% from the same period last year. Property investment declined more sharply, falling 20.6% during the same timeframe. In September, the urban unemployment rate dropped marginally to 5.2%. 10/19/2026 - 05:25:00 (RTTNews)
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