---
title: China's Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus
description: "China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth.\nSee below key China GDP data:\nQ3 GDP 4.6% y/y [Est.+4.5%]\nQ1-Q3 GDP 4.8% y/y [Prev.+5.0%]\nSept retail sales 3.2% y/y [Est.2.5%]\nSept industrial growth 5.4% y/y [Est.4.5%]\nJan-Sept fixed asset investment 3.4% y/y [Est.3.3%]\nSept Unemployment 5.1% [Prev. 5.3%]\n\nSource: Reuters, MacroMicro"
---

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# [China's Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus](https://blog.syzgroup.com/syz-the-moment/chinas-q3-gdp-hits-weakest-pace-since-early-2023-backs-calls-for-more-stimulus)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Oct 18, 2024, 10:41:32 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/chinas-q3-gdp-hits-weakest-pace-since-early-2023-backs-calls-for-more-stimulus)

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