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NBS: China Jan-Sept GDP up 9.8%, Q3 growth lower at 4.9%

ABSTRACT

Over January-September, China's gross domestic product (GDP) grew 9.8% on year to Yuan 82.3 trillion ($12.8 trillion) with the GDP growth for Q3 having slowed to 4.9% on year against the 7.9% on-year gain for Q2 or the 18.3% on-year rise for Q1, though all the key economic indicators stayed within reasonable ranges until September, the country's National Bureau of Statistics (NBS) shared on October 18.
“In the first three quarters, China’s national economy had been steadily recovering and developing, all the key economic indicators had been within reasonable ranges, employment market had been basically stable… national economic structure had been optimized, and both quality and efficiency had been progressing steadily…” NBS summarized in an analysis

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