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China’s reports third-quarter GDP growth of 4.6%, beating expectations

  • China's economy grew 4.6% year-on-year in the third quarter, surpassing expectations of 4.5%, as reported by Reuters.
  • Authorities have increased stimulus measures to support the economy and meet a 2024 growth target of around 5%.
  • Policymakers are shifting focus from investment to stimulating consumption for sustainable growth.
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