China Q1-Q3 GDP up 5.2 per cent energy and chemical demand shifts to high-end, green sectors

China's GDP expanded 5.2 per cent y-o-y in the first three quarters of 2025 (Q3: +4.8 per cent ), supported by resilient consumption and steady exports that offset persistent investment weakness. Energy and chemical demand are increasingly driven by advanced manufacturing and green transition needs, while upstream price recovery has raised concerns about profit divergence along the value chain.
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Consumption Drives Growth as Investment Weakens
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