# China's economy grows 4.5% in Q3 as consumer spending stays weak

- By: Bull Run Post Newsroom
- 2026-11-02T12:52:01.000Z

## Excerpt

GDP edges past forecasts, but retail sales rose just 1.1% in September and fixed-asset investment is down 7.2% over nine months. China's GDP grew 4.5% year on year in the third quarter of 2026, up from 4.3% in the second, according to the National Bureau of Statistics (NBS), with the data released on 19 October. The economy expanded 4.6% in the first nine months of 2026, within the government's full-year target of 4.5% to 5%, while fixed-asset investment fell 7.2%. Retail sales rose 1.1% year on year in September, against 0.4% in August, and the NBS itself acknowledges that domestic demand remains insufficient.

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