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China’s economy grew 3.9 percent year-on-year in the third quarter, according to official data released Monday, beating forecasts.
The data, published six days later than scheduled, showed higher growth than the 2.5 percent predicted by a panel of experts surveyed by AFP.
Last Monday, China delayed the release of the third-quarter growth figures — along with a host of other economic indicators — as the country’s leaders gathered to hand President Xi Jinping a historic third term.
Beijing’s National Bureau of Statistics announced that the release of the economic data would be “postponed” without specifying a reason or timeline for the figures to be released.
China had been expected to announce some of its weakest quarterly growth figures since 2020, with its economy hobbled by Covid-19 restrictions and a real estate crisis.