China Economic Monitor: 2025 Q3

KPMG China has released the Q3 edition of the 2025 China Economic Monitor which analyses the latest trends in the macro economy and policy developments.

The Q3 edition of the 2025 China Economic Monitor points out that in H1 2025, China’s GDP grew by 5.3 percent, exceeding the government’s 2025 growth target of ‘around 5 percent.’ Real GDP growth in Q2 reached 5.2 percent year-on-year, down 0.2 percentage points from Q1. On a seasonally adjusted quarter-on-quarter basis, GDP grew by 1.1 percent, above the historical average since 2021 and stronger than market expectations. Despite the drag from elevated United Sta...

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Published Date: 22 August 2025