China's National Economy was Generally Stable with New Achievement Made in High-Quality Development in the First Three Quarters.

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-19T11:28:00Z
Category: finance
Source: National Bureau of Statistics of China

According to preliminary estimates, China's gross domestic product (GDP) in the first three quarters of 2026 reached 107,107.1 billion yuan, marking a 4.6 percent year-on-year increase at constant prices. The GDP for the third quarter alone grew by 4.5 percent year-on-year and 1.2 percent quarter-on-quarter. The report highlights fast growth in production and supply, good momentum in foreign trade, generally stable employment and prices, and strong assurance for people's wellbeing, indicating sustained steady development despite pressures.

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