Story perspectives
China's Economy Grows 4.8% Amid Stagnant Consumer Spending
10/27/2025
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Story summary
- China's economy grew 4.8% in Q3 2025, the slowest pace in a year.
- Fixed-asset investment contracted 0.5% in the first nine months of 2025.
- Policymakers are shifting focus to domestic demand, emphasizing investment and consumption over exports.
- Analysts say plans to boost domestic consumption exist, but large-scale stimulus is not anticipated in the near future.
- The economy shows a contrast between rising income and stagnant consumer spending.
