China's Q3 GDP growth hits 4.5 percent

China's economy grew by 4.5% in the third quarter of 2026, surpassing expectations, placing the country on track to achieve the annual growth target between 4.5% and 5%. The gross domestic product recorded a quarterly increase of 1.2%, exceeding forecasts, following a 4.3% growth in the previous quarter. September also saw factory output rise by 5.5%, in line with predictions, and retail sales increased by 1.1%. Meanwhile, foreign investment continued its decline, dropping by 7.2% over the first nine months of the year. This demonstrates the ongoing recovery of the Chinese economy and its exceeding of expectations across various sectors.

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