China's GDP growth rebound supports progress toward its 2026 target.
Context
What happened: China's GDP grew 4.5 per cent in the third quarter, up from 4.3 per cent in the second quarter, according to the National Bureau of Statistics, keeping the economy broadly on track to meet Beijing's annual growth target.
Key numbers: Q3 GDP growth 4.5 per cent; Q2 growth 4.3 per cent; consensus forecast 4.4 per cent.
Why it matters: The result beat the 4.4 per cent consensus forecast from economists, with robust global demand for China's hi-tech exports bolstering economic momentum.
Coverage: 6 outlets in 24h
What changed
China's GDP grew 4.5 per cent in the third quarter, up from 4.3 per cent in the second quarter, according to the National Bureau of Statistics, keeping the economy broadly on track to meet Beijing's annual growth target.