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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China’s national security office in Hong Kong on Saturday cautioned foreign media against spreading “false information” or attempting to “smear” government efforts in responding to the city’s deadliest fire in nearly 80 years.
China has sharpened its call for Japan to quicken the disposal of chemical weapons abandoned during the occupation period, framing the issue as a long-standing humanitarian, environmental and political responsibility.
Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu on Friday, a rare gesture seemingly reserved for the head of Europe's second-largest economy that highlights Beijing's focus on Paris in its ties with the European Union.
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Pakistan and Afghanistan exchanged heavy fire along their shared border late on Friday, a reminder of how sensitive the frontier remains despite ongoing diplomatic efforts.
Iran’s Foreign Ministry has strongly condemned the Gulf Cooperation Council (GCC) for its support of the claims by United Arab Emirates on three Iranian islands.
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The United States plans to extend its travel ban to over 30 countries, U.S. Homeland Security Secretary Kristi Noem announced on Thursday.
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Hungarian Prime Minister Viktor Orban said on Saturday that preparations are under way for a substantial business mission to Moscow, describing the visit as an exclusively economic engagement.
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