Stable growth for greater sustainability

GDP growth holding steady

China's economy grew 6.7 per-cent year-on-year in the third quarter, slightly stronger than expected.

The year-to-date strength of real estate activities has helped to stabilize property and industrial investment and support related consumption. These have more than offset slower infrastructure investment. Private fixed asset investment has improved over the past two months, partly because of property investment, which suggests that some of the recent improvement in corporate revenue and profits may be starting to trickle through.