China economy grows 4.9%, extending coronavirus recovery

World’s second-largest economy grew slightly below expectations in third quarter

Last updated:
1 MIN READ
201019 China
File picture: People wearing face masks to protect against the coronavirus walk through a shopping mall in Beijing in August 2020..
AP

Beijing: China’s economy continued its rebound from bruising coronavirus lockdowns in the third quarter, clocking 4.9 per cent growth on-year, a step closer to pre-pandemic levels, official data showed Monday.

The world’s second-largest economy grew slightly below expectations in the July-September period, the National Bureau of Statistics said, cautioning of uncertainty ahead as “the international environment is still complicated”.

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox