6.8% growth for China in third quarter

Customers buy fruits and vegetables at a supermarket in Hangzhou, east China's Zhejiang province on Oct 16, 2017.
Customers buy fruits and vegetables at a supermarket in Hangzhou, east China's Zhejiang province on Oct 16, 2017. PHOTO: AFP

China's economy has surprised global financial markets and investors with robust growth so far this year. Gross domestic product rose 6.8 per cent in the third quarter from a year earlier, after rising 6.9 per cent in the second quarter.

Sustaining economic growth is key for the Chinese leadership, who are in Beijing this week for the Chinese Communist Party's 19th national congress. President Xi Jinping said China will deepen economic and financial reforms and further open its markets to foreign investors as it looks to move from high-speed to high-quality growth.

SEE TOP OF THE NEWS: China's economy shows strong momentum

A version of this article appeared in the print edition of The Straits Times on October 20, 2017, with the headline '6.8% growth for China in third quarter'. Print Edition | Subscribe