China has postponed the release of economic indicators scheduled to be published this week, including third-quarter GDP (Gross Domestic Product) figures due on Tuesday, according to an updated calendar on the statistics bureau’s website.
The highly unusual postponement comes amid the week-long Communist Party congress, an event that takes place twice every decade and is an especially sensitive time in China.
The third-quarter GDP data, originally scheduled to be released on Tuesday, was highly anticipated after the world’s second-largest economy grew just 0.4% in the second quarter from a year earlier.
A person who answered the phone at the press office of the National Bureau of Statistics said the change was “due to adjustments to labor agreements”, but did not elaborate.
GDP is expected to have expanded 3.4% between July and September, according to a Reuters poll, as the economy began to feel the impact of a series of supportive government policies adopted in recent months.
September releases for a range of other figures, including industrial production, retail sales and the urban unemployment rate that normally come out along with GDP data, have also been delayed, according to the statistics agency’s website.
At the conclusion of this week’s congress, President Xi Jinping is expected to secure an unprecedented third term in the country’s leadership.
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