中国经济增长率第三季度降至7.4

China's economy grew by 7.4 percent in the third quarter, missing the government's target and falling to its slowest rate of growth since the global financial crisis.

The figures released by the National Bureau of Statistics on Thursday represent the seventh straight quarter of easing for the world's second largest economy.

Although 7.4 percent growth would be considered strong in many recession-struck countries, the figure is low for China, which has averaged annual growth rates of 10 percent for decades.

But Premier Wen Jabot is still optimistic China can reach its target of 7.5 percent growth for this year, saying on Wednesday the economy is stabilizing and has been "relatively good" the past three months.