The National Bureau of Statistics of China announced that in the third quarter of 2023, GDP (GDP) increased by 4.9%compared with the same period last year, higher than market expectations.

Economists surveyed by Reuters have previously expected that China's GDP in the third quarter may increase by 4.4%over the same period last year.

The first quarter of China GDP increased by 4.5%year -on -year, and the second quarter GDP increased by 6.3%year -on -year.The Chinese government sets the annual economic growth target of 2023 for about 5.0%.

The Deputy Director of the National Bureau of Statistics of China Shenglaiyun said at a press conference on Wednesday (October 18) that preliminary accounting was that the total domestic product in the first three quarters of this year (RMB, the appointment, the appointment, the appointment, the appointment170,000 98.9 billion yuan), calculated at a constant price, an increase of 5.2%year -on -year.In the third quarter, GDP increased by 4.9%year -on -year and 1.3%month -on -month.

In terms of industries, the value -added of the first industry was 50,637.4 billion yuan, an increase of 4.0%year -on -year; the added value of the second industry was 350,365.9 billion yuan, an increase of 4.4%;100 million yuan, an increase of 6.0%.