China Economic Growth Slows to Three Year Low in Final Quarter of 2025
China's Q4 GDP grew 4.5 percent, marking a three-year low despite hitting the annual 5 percent target. Weak domestic demand and a property crisis persist.
洞察:
China's fourth-quarter 2025 GDP grew 4.5% year-over-year, down from 4.8% in the third quarter, marking the slowest quarterly pace in three years. Despite this deceleration, the full-year 2025 GDP growth reached 5.0%, successfully meeting the official target of around 5% and matching the 5.0% growth recorded in 2024. Reuters analysts had anticipated slightly lower figures, forecasting Q4 2025 GDP growth at 4.4% and full-year growth at 4.9%. On a quarterly basis, Q4 GDP rose 1.2%, which was higher than the expected 1.0% and the 1.1% gain seen in the previous quarter.
