China’s economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics.
The world’s second-largest economy reported third-quarter GDP growth on the low end of expectations, up 4.9% from a year ago. That brings growth for the first three quarters of the year to 0.7% from a year ago.
Fixed asset investment rose 0.8% in the first three quarters of the year.
The official urban surveyed unemployment rate edged lower in September to 5.4%.
Industrial production rose 6.9% in September from a year ago, bringing total growth for the first nine months of the year to 1.2%.