Consumption and factory output figures beat forecasts, but a tumbling property sector remains a major challenge as Beijing races to revitalise growth.

China's economy grew 4.6% in Q3, exceeding expectations but facing challenges in retail demand and property. Analysts see stimulus measures helping to meet the 5% annual growth target.

China's economy grew by 4.6 percent in the July-to-September period from a year earlier, but the pace of expansion was less than in the previous quarter.

The Chinese economy expanded 4.6% Y/Y in Q3, slightly better than market estimates of 4.5%. The figure came out lower than the previous quarter's 4.7% and below the government's "around 5%" target for this year It marked the slowest annual growth since Q1 2023,