Economy 'may have bottomed out in Q3'
By Chen Jia and Wang Zhuoqiong in Beijing and Fu Jing in Brussels | China Daily | Updated: 2012-10-19 07:19
GDP growth hits three-year low but signs of recovery evident
The worst may be over as the economy shows signs of bottoming out, officials and analysts said despite GDP growth hitting 7.4 percent in the third quarter, a low of more than three years.
Premier Wen Jiabao said on Wednesday at an executive meeting of the State Council that "growth has started to stabilize amid positive changes in the third quarter".
Photo
