China Reports Slower Economic Growth as Structural Adjustments Continue

China has reported slower economic growth as authorities continue structural adjustments across property, manufacturing, and financial sectors. Official data indicates moderated industrial output and subdued consumer confidence.

Government officials emphasized that the slowdown reflects a transition toward more sustainable and consumption driven growth. Measures to support small businesses and stimulate domestic demand remain under consideration.

International economists note that China economic performance has significant implications for global trade and commodity markets.