Consumer sentiment holds up even as economic growth slows

Chinese consumer confidence remained high in the third quarter even though economic growth fell to the slowest pace since the 2008 global financial crisis.

Research firm Nielsen said on Thursday that its confidence index of Chinese consumers stood at 111, marking the fourth consecutive quarter at that level.

GDP growth in the third quarter was 7.3 percent, down 0.2 point from the second quarter, the National Bureau of Statistics has reported.