China's Q3 GDP Grows 4.5% Year-on-Year, Exceeding Forecasts

• China's GDP grew by 4.5% year-on-year in Q3, up from 4.3% in Q2.
• The growth was primarily driven by a surge in exports, particularly in electronics.
• Industrial output saw significant increases, contrasting with slower consumer spending.
• The robust global demand for hi-tech exports contributed to the economic momentum.
• The growth keeps China on track to meet its annual GDP target.