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China's GDP grew by 9.8% in the first three quarters of the year

China's GDP growth rate for the period from January to September 2021 was 9.8%.

China's GDP grew by 9.8%  in the first three quarters of the year
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According to preliminary data, GDP in China at the end of the first three quarters was about $ 12.8 trillion and grew by 9.8% on an annualized basis, reports TASS.

Thus, the agricultural sector grew by 7.4%, industry - by 10.6% and services - by 9.5%.

The country's economic growth rate is gradually slowing. The economy grew by 6.6% in 2018, 6% in 2019, and 2.3% in 2020.

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Earlier, economists from Goldman Sachs calculated that the level of public debt of the regional authorities of the PRC was $ 8.2 trillion - about 50% of GDP of the country.

 

Photo: from open sources

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