Private investment growth picked up to 4.5 percent in September after falling to record lows in recent months, but still significantly lags investment by state-owned firms. For the first nine months, private investment rose just 2.5 percent.
Retail sales rose 10.7 percent in September on-year, beating expectations of 10.6 percent as home buyers bought appliances and decorated, while subsidies fueled strong sales of new cars.
China's economy expanded 6.9 percent in 2015, the slowest pace in a quarter of a century.
While analysts expect China to meet its growth target this year, as usual, many remain skeptical of the official numbers, especially as growth has remain unchanged for three straight quarters even as the country attempts a major economic transition.
"The official GDP figures remain too stable to tell us much about the performance of China's economy. Our own measure of economic activity suggests that growth actually picked up last quarter, though the improvement clearly won't last," Julian Evans-Pritchard, China economist at Capital Economics in Singapore wrote in a note.
Capital Economics' calculations suggest the economy is growing at around 5 percent.
译文:
中国第三季度经济增长在6.7%稳定,似乎将北京的全年目标,受较强的政府开支,记录银行贷款和灼热的房地产市场,增加其日益增长的债务。
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