BBC.
China's economy has slowed for a seventh quarter as problems in Europe and the US hurt demand for its goods.
The annual rate of growth was 7.4% in the third quarter, down from 7.6% in the previous three months.
However, there were signs that the world's second-biggest economy was now stabilising and rebounding.
That would be good news for China, which is facing a
leadership change, and the rest of the world, which has benefited from
its recent boom.
"Clearly, concerns over continued slowdown can now be put to
rest," said Dariusz Kowalczyk, senior economist as Credit Agricole-CIB.
"The last month of the quarter brought acceleration of
industrial output, retail sales and fixed asset investment in
year-on-year terms, highlighting the fact that improvement of momentum
of the economy was particularly strong in September."
In Hong Kong, the main Hang Seng stock index rose 0.7% on the news, while in Shanghai, shares climbed by 1.2%.
