📷 Image: Wikimedia Commons / Suryakant Bharti
Business
China's Q3 GDP Climbs 4.5% as AI Exports Drive Growth
✍️ Firstpost
🗓 19 Oct 2026, 08:47 AM
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China reported a 4.5% rise in gross domestic product for the third quarter, with artificial‑intelligence exports helping to cushion a slowdown in domestic demand.
China’s economy grew by 4.5% in the third quarter of 2023, according to the latest data released by the National Bureau of Statistics.
The growth was largely propelled by a surge in exports of artificial‑intelligence products, which offset a noticeable decline in domestic consumption. AI exports rose sharply, providing a much‑needed boost to the overall output.
While the growth rate is lower than the 5.5% recorded in the second quarter, it remains the highest among major economies for the period. Analysts view the rebound as a sign of resilience amid global economic uncertainties.
The data suggests that China’s export‑led strategy is still effective, though the government may need to address the underlying weakness in domestic demand to sustain long‑term momentum.
The growth was largely propelled by a surge in exports of artificial‑intelligence products, which offset a noticeable decline in domestic consumption. AI exports rose sharply, providing a much‑needed boost to the overall output.
While the growth rate is lower than the 5.5% recorded in the second quarter, it remains the highest among major economies for the period. Analysts view the rebound as a sign of resilience amid global economic uncertainties.
The data suggests that China’s export‑led strategy is still effective, though the government may need to address the underlying weakness in domestic demand to sustain long‑term momentum.