China’s GDP expands 7.3 pct in Q3

BEIJING, Oct. 21 (Xinhua) — China’s economy expanded at a slower pace in the third quarter of this year, but still remained within the “reasonable range” set by policymakers, said the National Bureau of Statistics (NBS) on Tuesday.

Gross domestic product (GDP) expanded 7.3 percent from a year ago in the third quarter, compared with 7.5 percent in the second quarter and 7.4 percent in the first quarter of this year, the NBS data showed.

The GDP growth in the July-September period marked the slowest quarterly growth since the first quarter of 2009 and was in line with market expectations.