China’s GDP in the third quarter increased by 6.9%


Moscow. October 19. The growth of China’s economy in the third quarter of 2015 was 6.9%, a decrease compared with the second quarter (+7%), but surpassing the expectations of experts expecting growth of 6.8%, reports Bloomberg.

The Chinese government expects to maintain the momentum of economic growth in 2015 at 7%.

Industrial production grew in September by 5.7% in annual terms, after rising 6.1% in August, reported the National statistical office of China. Analysts had forecast a rise of 6%.

Retail sales increased last month, by 10.9%. In August, the growth was 10.8%, and analysts expect this momentum in September.

The rate of growth of investment in fixed assets in China has not justified market expectations. This indicator increased in the first nine months of 2015 of 10.3% against the expected growth of 10.8%.