Official
data showed 4.5 percent year-on-year growth for July to September, topping
forecasts of 4.4 percent and up from 4.3 percent in the prior quarter. Exports,
especially semiconductors and electronics linked to global AI demand, drove the
gains, with retail sales and industrial output also beating expectations
despite weaker fixed-asset investment tied to property sector struggles.
Economists note the uneven picture strong overseas sales offsetting softer domestic consumption easing pressure for big stimulus but highlighting risks if global AI spending cools.