China's economy grew 6.7 percent in the third quarter of 2016, holding steady with the second quarter and strengthening hope that the Chinese government will achieve its annual GDP target.
The figure, released by the National Bureau of Statistics (NBS) on Wednesday, is within the government's target range of between 6.5 and 7 percent for 2016.
On a quarterly basis, the economy increased 1.8 percent on the second quarter.
GDP expanded 6.7 percent year on year in the first three quarters of 2016 to reach 52.997 trillion yuan (7.87 trillion U.S. dollars).
NBS spokesperson Sheng Laiyun said China's economy made progress and grew steadily as a result of expanded aggregate demand, supply-side structural reform, anticipated development and new economic drivers.
