Daijiworld Media Network - Beijing
Beijing, Oct 20: China’s economic growth slipped to 4.8 percent in the third quarter of 2025, the slowest pace in a year, official data showed Monday. The slowdown comes amid trade headwinds and weak domestic consumer spending.
The National Bureau of Statistics (NBS) reported GDP growth for July-September at 4.8 percent year-on-year, down from 5.2 percent in the previous quarter. Fixed-asset investment declined 0.5 percent, largely due to contractions in the real estate sector, while retail sales growth slowed to three percent in September — the lowest since November 2024. Industrial production was a relative bright spot, rising 6.5 percent, exceeding forecasts.
The slowdown coincides with a four-day Communist Party meeting in Beijing, focused on long