The Chinese economy has grown considerably in the third quarter of the year, despite the COVID-19 disease and the measures against it. Gross domestic product rose by 4.9% compared to a year ago in that period. That’s what figures were released in Beijing on Monday.
Growth is lower than economists predicted, but it is higher than the 3.2% recorded in the second quarter. Retail sales increased by 3.3% in September, industrial production grew by 6.9% this month. Investment growth accelerated to 0.8 percent in the nine months to the end of the quarter.
In the first quarter, the country’s economy shrank by 6.8%, as a result of the SARSv2 measures taken.