CH GDP q/y
It's the broadest measure of economic activity and the primary gauge of the economy's health;
Data represents the quarterly value compared to the same quarter a year earlier. Chinese data can have a broad impact due to China's influence on the global economy and investor sentiment;
- CH GDP q/y Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Oct 17, 2024 | 4.6% | 4.6% | 4.7% |
| Jul 14, 2024 | 4.7% | 5.1% | 5.3% |
| Apr 15, 2024 | 5.3% | 4.8% | 5.2% |
| Jan 16, 2024 | 5.2% | 5.3% | 4.9% |
| Oct 17, 2023 | 4.9% | 4.5% | 6.3% |
| Jul 16, 2023 | 6.3% | 7.1% | 4.5% |
| Apr 17, 2023 | 4.5% | 4.0% | 2.9% |
| Jan 16, 2023 | 2.9% | 1.6% | 3.9% |
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- CH GDP q/y News
From msn.com|Oct 18, 2024China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth. Authorities have sharply ramped up policy stimulus since late September, but markets are waiting for more details on the size of the package and a clearer road map to put the economy back on a solid longer-term footing. The world's second-largest economy grew 4.6% in July-September, ...
From fxempire.com|Oct 17, 2024China’s economy struggles to meet expectations, raising questions about future growth prospects. On Friday, October 18, China’s economy was in the spotlight. Q3 GDP, retail sales, unemployment, and industrial production figures drew investor interest. The economy expanded by 4.6% in Q3 2024, slower than the 4.7% growth reported for Q2 2024. Economists expected growth of 4.5%. Significantly, growth was notably below the government’s 5% growth target for 2024. While growth slowed in the third quarter, other economic indicators ...
From stats.gov.cn|Oct 17, 2024In the first three quarters, in face of the complicated and severe external environment and the new situations as well as new problems of domestic economic development, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, strengthened macro ...
From china.org.cn|Oct 14, 2024China's economic growth is expected to strengthen on a sequential basis amid the latest stimulus package and with more incremental policies in the pipeline, translating into over 5 percent year-on-year growth in the fourth quarter, analysts and economists said on Sunday. They said a long-awaited policy shift is unfolding for China's economy and markets, as policymakers have pledged to strengthen countercyclical adjustment and step up fiscal policy support. This will include the largest debt resolution support in recent years, with a ...
From cnbc.com|Jul 14, 2024China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year, missing expectations of a 5.1% growth, according to a Reuters poll. June retail sales also missed estimates, rising 2% compared with the 3.3% growth forecast. Industrial production, however, beat expectations up by 5.3% in June from a year ago, higher than Reuters estimate of 5% growth. Urban fixed asset investment for the first six months of the year rose by 3.9%, meeting expectations. Investment in infrastructure and ...
- From stats.gov.cn|Jul 14, 2024
In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, promoting stability through progress and establishing the new before abolishing the old, and effectively implemented the macro policies and regulations. As a result, the ...
From money.usnews.com|Jul 14, 2024China's economy likely slowed in the second quarter as a protracted property downturn and job insecurity weighed on domestic demand, keeping alive expectations Beijing will need to unleash more stimulus. Data released on Monday is expected to show the world's second-largest economy grew 5.1% year-on-year in April-June, slowing from 5.3% in the previous three months and the weakest growth since the third quarter of 2023, according to a Reuters poll. The figures come as Beijing seeks to shore up economic confidence at a highly ...
From corporate.nordea.com|Apr 16, 2024The first quarter data confirmed that stimulus measures are boosting China’s GDP growth towards the 5% target in 2024. At the same time, sectoral differences are large as consumer confidence is weak and the downturn in the housing sector continues. China’s GDP increased by 5.3% y/y and 1.6% q/q in the first quarter of 2024. The quarterly numbers were somewhat higher than had been expected but many monthly indicators actually weakened in March. There continues to be large sectoral differences in the short-term outlook which is not a ...
| Released on Oct 17, 2024 |
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| Released on Jul 14, 2024 |
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| Released on Apr 15, 2024 |
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