China’s economy grew 4.8% year-on-year in the third quarter, as official data showed the country remains on course to meet its annual growth target of around 5%.
According to figures released by the National Bureau of Statistics on Monday, China’s gross domestic product expanded by 4.8% in the July-September period compared with a year earlier.
While the pace slowed from the 5.4% growth recorded in the first quarter and 5.2% in the second, the average rate of 5.2% for the first nine months remains consistent with the government’s full-year target.
Industrial production posted a strong performance in September, rising 6.5% year-on-year after growth of 5.7% in July and 5.2% in August. Retail sales increased by 3% in September, slightly below August’s 3.4% gain, indicating softer consumer demand.
The urban unemployment rate edged down from 5.3% in August to 5.2% in September, reflecting gradual improvements in the job market.
Analysts say the figures suggest steady but uneven recovery momentum, with policymakers likely to maintain targeted stimulus measures to support domestic demand and sustain growth through the year’s final quarter.
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Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Ukrainian President Volodymyr Zelenskyy's aircraft was nearly struck by a drone while departing Moldova on its way to Norway, according to Norwegian Prime Minister Jonas Gahr Støre.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
The United Nations has called for an immediate ceasefire in Sudan, warning that escalating drone warfare and attacks on civilian infrastructure are deepening the country's already devastating humanitarian crisis.
Climate leaders in Baku are calling for a shift from climate commitments to concrete action as day three of Baku Climate Action Week focuses on implementation, cooperation and measurable results.
Serbian President Aleksandar Vučić has dissolved parliament and called a snap election for 25 October, as he seeks to extend his political influence by running for prime minister.
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