In the third quarter of China, the growth of multiple indicators such as GDP (GDP) was higher than that of market expectations. Morgan Chase and Nomura Securities raised its forecast for China's economic growth this year.
Reuters on Wednesday (October 18) reported that Morgan Chase currently expects that China's GDP this year will increase by 5.2%, higher than the previous predicted 5.0%.Nomura Securities raised its forecast from 4.8%to 5.1%, an increase of 0.3 percentage points.
The data released by the National Bureau of Statistics of China on Wednesday morning shows that China's GDP increased by 4.9%year -on -year in the third quarter.This increase is higher than the 4.5%predicted by Bloomberg and 4.4%predicted by Reuters.
In the second quarter, China's GDP increased by 6.3%year -on -year, which was less than market expectations. In the first quarter, GDP increased by 4.5%year -on -year, higher than the level of last year, and higher than expected.
The JP Morgan Chase economist headed by Zhu Haibin analyzed: "Like August, monthly economic activities in September are stronger than expected. This is encouraging." He added that the momentum of China's economic recovery is expectedIt will continue in the next few months.
