China's economy expanded more than expected in the third quarter underpinned by policy support, suggesting that Beijing is all set to achieve its around 5 percent growth target this year as the property market downturn remains the only major drag on growth.
Gross domestic product posted an annual growth of 4.9 percent in the third quarter, the National Bureau of Statistics said on Wednesday. The rate exceeded the 4.4 percent that economists had penciled in.
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by Renju Jaya
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