China’s GDP grew by 4.8 per cent YoY in the first three quarters this year to around 94.97 trillion yuan (about $13.33 trillion), according to official data.
In the third quarter, the economy expanded by 4.6 per cent YoY and by 0.9 per cent quarter on quarter.
Industrial output rose by 5.8 per cent YoY and retail sales of consumer goods were up by 3.3 per cent YoY during the period.