china growth eases in third quarter
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

China growth eases in third quarter

Arab Today, arab today

Arab Today, arab today China growth eases in third quarter

Expectations are high for Q3 earnings
Beijing - AFP

China's growth eased to 6.8 percent in the third quarter but remained higher than the government's full-year target, providing a boon to President Xi Jinping amid a major Communist Party congress.

The official figures, released on Thursday by the National Statistics Bureau, showed economic growth has held steady as the pivotal leadership reshuffle unfolds in Beijing.

"The national economy has maintained the momentum of stable and sound development in the first three quarters, with favourable factors accumulating for the economy to maintain medium-high rate of growth," said bureau spokesman Xing Zhihong.

The 6.8 percent figure, based on an annual comparison, followed growth of 6.9 percent in the first and second quarters of the year and was in line with forecasts from analysts surveyed by AFP.

The government has a set a target of around 6.5 percent growth in 2017.

Brisk consumer spending and strong factory output fuelled economic growth for the July to September period.

The 10.3 percent rise in retail sales for September from a year earlier was welcome news for the economy, which is relying on China's vast consumer pool to start spending as the economy transitions away from investment heavy growth.

"China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development," Xi told an audience of 2,300 party leaders when he opened the congress on Wednesday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china growth eases in third quarter china growth eases in third quarter

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china growth eases in third quarter china growth eases in third quarter

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 21:49 2016 Saturday ,09 April

COP21 carbon footprint much lower than expected

GMT 20:20 2017 Wednesday ,25 January

Japan Stocks Close Higher Wednesday

GMT 06:28 2015 Saturday ,26 September

Mercedes is sizing up its luxury SUV options

GMT 23:11 2018 Thursday ,11 October

GCC renewable energy discussed in Kuwait

GMT 07:44 2016 Tuesday ,16 August

Russia 'close' to joining forces with US on Aleppo

GMT 20:13 2017 Friday ,07 July

Over 360m people live with hearing loss

GMT 13:20 2017 Tuesday ,31 January

Human forebear a bag-like beast with no anus

GMT 01:08 2017 Friday ,18 August

Sri Lanka cuts taxes to lift disaster-hit economy

GMT 10:39 2016 Saturday ,10 December

From ECB deadline reports

GMT 21:12 2016 Sunday ,27 November

UNICEF: 500,000 children live under siege in Syria

GMT 13:55 2016 Friday ,15 July

Katy Perry returns with message of unity
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday