China's Economy Grows 4.5% in Q3, Beating Market Expectations

China's economy reportedly expanded 4.5% year over year in the third quarter of 2026, exceeding market expectations and providing a stronger-than-anticipated reading for the world's second-largest economy.
The result suggests that economic activity has remained relatively resilient despite concerns surrounding domestic demand, property-sector weakness and external trade conditions.
Better-than-expected growth could support sentiment toward Chinese equities, industrial commodities and regional trading partners that depend on Chinese demand.
However, a positive headline GDP surprise does not necessarily indicate broad-based economic strength. Consumption, industrial production, property investment and employment data will be important for assessing whether the momentum is sustainable.