HONG KONG, Oct 19 (Bernama-AP) -- China on Monday said its economy grew 4.5 per cent for the July-September quarter from a year ago, moving closer to meeting its official annual growth target as the year nears its end, the Associated Press (AP) reported.
World : China's Economy Grew 4.5 Per Cent In Q3, Better Than Forecasts
Asia-Pacific, China, economy, growth, export
Key points
- The better-than-expected official data accelerated from the 4.3 per cent year-on-year growth recorded in the April-June period, the slowest expansion in more than three years.
- For the whole year, Chinese leaders have set a growth target of 4.5 per cent-5 per cent down from last year’s 5 per cent expansion.
- Earlier this month, the International Monetary Fund trimmed its forecast for China’s 2026 economic growth to 4.5 per cent, just meeting the lower end of Beijing’s goal.
Sentences selected automatically from the original article by Bernama.
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- Bernama World : China's Economy Grew 4.5 Per Cent In Q3, Better Than Forecasts (this story)
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