| China's GDP growth accelerates to 8.9% in Q3 |
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| Thursday,October 22,2009 Posted: 15:24 BJT(0724 GMT) |
| From:China Daily Article type:Reproduced |
The Chinese economy expanded 8.9 percent year-on-year in the third quarter of this year, and 7.7 percent year-on-year in the first nine months, the National Bureau of Statistics (NBS) said Thursday.
The growth rates for the first quarter and second quarter were 6.1 percent and 7.9 percent, respectively.
NBS spokesman Li Xiaochao said China's GDP totaled 21.78 trillion yuan (about $3.18 trillion) in the first nine months.
A basket of policies adopted by the Chinese government to fight the global financial crisis has produced significant results and the Chinese economy is on a "consolidated" growth recovery, he said.
China is able to achieve the annual growth target of 8 percent, he added.
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