China Economic Monitor: 2025 Q4

KPMG China has released the Q4 edition of the 2025 China Economic Monitor which analyses the latest trends in the macro economy and policy developments.

The report points out that in the first three quarters of 2025, China's real GDP grew by 5.2 percent year-on-year (YoY), 0.4 percentage points higher than for the same period last year, indicating solid progress toward the full-year growth target of 'around 5 percent'. However, on a quarterly basis, economic momentum softened in Q3. As policy priorities shifted towards addressing involution competition, earlier demand-boosting measures moderated. Real GDP growth slowed to 4.8 percent in Q3...

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Published Date: 05 December 2025