China Says Economic Indicators Give Good Reason to Believe in Sustained Recovery
File photo of Chinese flag.
Chinese economic indicators are providing a good reason to believe that a sustained recovery is underway, the country’s statistics bureau said on Monday, after the world’s second-biggest economy further expanded in the third quarter.
There’s also good reason to be confident about China’s full-year economic growth, Liu Aihua, spokeswoman at the National Bureau of Statistics, told a press briefing after the release of third-quarter gross domestic product.
While third-quarter GDP growth lagged behind expectations, the month of September saw improvement in all major indicators for the first time this year.