China's Stats Bureau: Economy faces relatively big downward pressure
|China's economy is facing relatively big downward pressure amid the rise in external uncertainties, Stats Bureau Chief said on Friday.
The economy's annualized growth rate slowed to 6% in the third quarter from the second quarter's growth rate of 6.2%.
Essentially, the growth rate slipped to the lower end of the government's 6-0-6.5% range in the third quarter.
Key quotes
China's economy faces complex and serious situation, rise in external uncertainties.
China's economic operations generally steady in Jan-Sept.
There are many domestic factors to underpin growth despite rising external uncertainties.
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