How to read China’s latest economic data?

China’s GDP expanded by 4.9 percent in the third quarter of 2021 amid the coronavirus pandemic and rising economic challenges. Data from the National Bureau of Statistics shows that China’s GDP grew by 9.8 percent year on year in the first three quarters to hit a total of trillion yuan, or $12.8 trillion. What does the number tell us about China’s economic development? How does this reflect people’s lifestyle changes? And what are the challenges ahead? For more: Subscribe to us on YouTube: Download our APP on Apple Store (iOS): Download our APP on Google Play (Android):