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Dow Jones Newswires: China’s economic growth picks up by 3.9% in Q3

The Chinese economy grew 3.9% from a year earlier in the third quarter of the year, quickening from the 0.4% expansion recorded in the second quarter.

The result topped the 3.5% economic growth expected by economists polled by The Wall Street Journal.

Gross domestic product rose 3.9% in the July-September period when compared with the April-June period, improving from the 2.6% on-quarter contraction recorded in the second quarter, China’s National Bureau of Statistics said Monday.

For the first nine months of the year, China’s GDP expanded 3.0% from a year earlier, well below the 5.5% annual growth target set by the government.

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