The growth of China’s GDP amounted to 6.7% in the third quarter of this year. This is according to the report of the State Statistical control of the country. According to expert forecasts, the Chinese economy grew at an annual rate, the same index as in the two previous quarters.
According to the official representative of the Gosstatupravleniya Layyunya Sheng, the Chinese economy is ” growing steadily.”
“The regional authorities have reported that some companies want to get back into full production, but in this context I would like to emphasise the following points: first, the structural reform of the manufacturing sector – the fundamental political directives of the Central government, in order to adapt to new conditions, we have chosen the right direction,” said Sheng Layyun.
Analysts say that the greater the dependence of the Chinese economy from government spending and the boom in the housing sector, while private investment and exports remain at a low level, or level.V last year, China’s GDP growth stood at 6.9%.