China postpones the publication of its GDP figures

MADRID, 18 Oct.

China postpones the publication of its GDP figures

MADRID, 18 Oct. (EUROPA PRESS) -

The National Bureau of Statistics of China has confirmed the postponement of the publication of the Asian giant's GDP figures for the third quarter of the year, scheduled for this Tuesday, coinciding with the celebration of the XX National Congress of the Communist Party of China (PCCh) .

In addition to GDP figures, China's statistical office has also postponed the publication of other statistics such as monthly data on retail sales or developments in the real estate market.

According to analyst consensus polled by Bloomberg, China's annual GDP growth in the third quarter was expected to be 3.3%, up from 0.4% in the second quarter, but below the 5.5% target. for the whole year.

However, in statements collected by the BBC, Zhao Chenxin, deputy director of the National Development and Reform Commission of China, stated on Monday that the country's economy "recovered significantly in the third quarter."

During the opening of the 20th Congress this Sunday, Chinese President Xi Jinping outlined the strategy to modernize the economy and speed up the creation of "a new pattern of development" with which to build "a modern socialist country in all aspects ", emphasizing modernization and commitment to quality in industrialization, without forgetting the aerospace industry or the transport sector.

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