Credited from: REUTERS
China's economy grew by 4.8% in the third quarter of 2025, its slowest pace in a year, as highlighted by official data released by the National Bureau of Statistics. This figure matches analysts' expectations but reflects ongoing pressures from a protracted property slump and escalating trade tensions with the United States, leading to renewed calls for stimulus measures to boost demand and restore confidence, according to Reuters, Reuters, Reuters, India Times, BBC, and The Jakarta Post.
The National Bureau of Statistics reported a quarter-on-quarter GDP growth of 1.1%, exceeding the forecast of 0.8%. However, analysts express concern that despite resilient export figures, the domestic economic environment remains fragile, impacted by reduced consumer spending and the ongoing property crisis. Expectations for growth have been tempered by the realities of high U.S. tariffs and competition among firms, according to Reuters, India Times, and The Jakarta Post.
In response to these economic challenges, Chinese officials have convened to discuss potential long-term strategies, including the country's upcoming five-year development plan, which focuses on high-tech manufacturing and aims to shift reliance from exports to domestic consumption. However, the immediate outlook remains cautious, as inflationary pressures and a contraction in fixed-asset investment have raised uncertainty, as noted by Reuters, India Times, and BBC.
Industrial output showed a positive trend, growing 6.5% in September, indicating the potential for certain sectors to recover despite the broader economic challenges. However, retail sales growth has declined to just 3%, reflecting waning consumer confidence, which is crucial for sustained economic recovery. Analysts note that while government support may help stabilize the economy, significant challenges remain, as emphasized by Reuters, BBC, and The Jakarta Post.
As the Chinese leadership prepares for important discussions on economic policy, the persistent problems of sluggish domestic demand and the impact of international trade relations will play a vital role in shaping future economic strategies, according to Reuters, India Times, BBC, and The Jakarta Post.