China's GDP grows 4.5% in Q3, up from previous quarter

China's economy grew 4.5% in the third quarter, up from the second quarter, according to data just released.

Preliminary figures show China's GDP rose 4.5% year on year in the third quarter. The reading indicates growth momentum improved after a slower second quarter.

The figure points to an acceleration in the world's second-largest economy over the past three months. More detailed data and analysts' commentary are expected in the coming period.