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China's GDP expands 4.8 pct in Jan.-Sept.

The economy expanded by 4.8% in the first three quarters of the year. (DotDotNews)

The National Bureau of Statistics announced that China's gross domestic product (GDP) grew by 4.6% year-on-year in the third quarter, slightly above the market expectation of 4.5%. The economy expanded by 4.8% in the first three quarters of the year.

The government work report has set the economic growth target for this year at around 5%.

 

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