It's down from 6.8 per cent and 6.7 per cent in the first and second quarters, respectively.
National Bureau of Statistics of China spokesperson Mao Shengyong at a briefing on Friday explained that despite the macroeconomic headwinds applying "downward pressure" on the Chinese economy, growth remains strong, with the country firmly on track to hit its full-year economic growth target of 6.5%. Similarly, China's economy has relied heavily on exports to achieve decades of growth.
Experts therefore expect that the trade dispute in the next few months will clearly have a greater impact, since the majority of the US special duties on imports from China only since last month. Its fragile quarterly increase since the profundity of the global financial crisis in early 2009 is beneath economist's anticipation of 6.6%.
Infrastructure investment rose 3.3 percent year-on-year for Jan-Sep, slower than 4.2 percent growth in the first eight months of the year.
The global stock market started seeing fluctuations and downward movements after the interest rate increases, and the USA stock market has also seen obvious corrections, Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, told Chinese reporters.
They don't have a lot of options on the table.
Recently, a heightening trade spat has been fanning concern that China's export-oriented economy would grow at a substantially slower rate than had been expected, prompting the country's authorities to take economic stimulus measures.
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As the GDP figures pointing to further slowdown of the economy were released, top government officials stepped in to reassure the Chinese public about the state of economy amid the worst stock market performance.
China's top financial officials moved to shore up confidence in the country's tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sell-off since 2015 from infecting the world's second-largest economy.
China's stock markets fell in response to the economic data. But investors and analysts will remain cautious about the state of China's economy, in light of the difficulties it faces. Hong Kong's Hang Seng advanced 0.4 percent to 25,561.40 and Seoul's Kospi added 2,156.26. And Trump has said he's prepared to expand the tariffs to effectively cover all Chinese exports to the United States, which topped $500 billion previous year. About 11 percent of the Shanghai Index capitalization, $603 billion (4.2 trillion yuan) is listed as collateral for loans, a risky practice in a falling market that could force increasing liquidation as share prices drop.
China's central bank governor Yi Gang also said the recent market turmoil was caused by investor sentiment and would contrast with "steady growth".
He also said the central bank will use various monetary tools, such as relending and medium-term lending facilities, to allow commercial lenders to advance more loans to private companies.
The reading will likely put pressure on Beijing to provide fresh support as investors grow increasingly concerned about the economic outlook, while the yuan and stock markets wallow at four-year lows.
Julian Evans-Pritchard, senior China economist at research firm Capital Economics, said that a more relaxing is required in order to steadfast increase.