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China's economy achieved a growth rate of 4.5% in the third quarter of 2026, surpassing expectations and confirming its continued progress toward the annual growth target of between 4.4% and 5%. This growth followed a slowdown in the second quarter to 4.3%, the slowest pace in over three years, reflecting a noticeable rebound in economic activities. Throughout the year, Chinese leaders set a growth target of between 4.4% and 5%, which is lower than last year's 5%, indicating a moderate slowdown but still maintaining the course toward the country's economic goals.
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