China’s GDP in Q3 of 2009 grew a staggering 8.9%, according the data released by Bureau of Statistics. China’s GDP growth peaked at 13% in Q1 2007, and fell below 10% since Q3 2008. In Q1 09, China’s GDP growth fell to a recent trough of 6.1%, which is the lowest in the last decade. China’s government sets the target to grow GDP by 8% for 2009. So far the average growth of the first three quarters reached 7.6%. The Q4 growth need to go over 9% to meet the yearly target of 8%.