China’s economy grew 4.8 per cent year on year – largely in line with expectations – in the third quarter of 2025, bringing the country closer to achieving its annual target despite rising external uncertainties.

The closely watched figure for gross domestic product, released by the National Bureau of Statistics (NBS) on Monday, came in just above the 4.76 per cent forecast in a survey of economists by Chinese financial data provider Wind. It marked a deceleration from the 5.2 per cent expansion recorded in the second quarter and the 5.4 per cent observed in the first.

This brought China’s economic growth over the first three quarters to 5.2 per cent, according to the bureau. Beijing has set its annual target for GDP growth at “around 5 per cent”.

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