[Breaking] China Q3 GDP Growth Rate 4.9%... Exceeds Expectations
China's third-quarter gross domestic product (GDP) growth rate recorded 4.9%.
On the 18th, the National Bureau of Statistics of China announced that the third-quarter GDP growth rate was 4.9% year-on-year. This figure exceeds the forecast (4.4%).
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China's target growth rate for this year is around 5.0%. After declaring the With-Corona policy, China's first-quarter growth rate this year was 4.5%, and in the second quarter, it rebounded to 6.3% due to the base effect and other factors.
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