China will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth.

China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in the latest evidence that recent efforts to rev up growth have yet to take hold. The world’s second largest economy slowed from 4.

China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector remains a big challenge for Beijing as it tries to boost growth.

China reports its economy grew at a 4.6% annual rate in the July-September quarter, below the government'S 5% target

China's Gross domestic product increased 4.6% in the third quarter year-on-year. That's down from a 4.7% expansion in the second quarter, and the slowest pace since March 2023. Raymond Yeung, chief Greater China economist at ANZ,

China faces new economic challenges as its GDP growth rate slowed to 4.6% year-over-year, marking the lowest level since early 2023. If this trend persists through the year, it could disrupt Beijing's projections.