The share market is 1.3 per cent lower as concerns linger about China’s economic growth, but disappointing Australian growth figures had little immediate impact on investors.

Shares have been down more than one per cent since trade began, following a fall of nearly three per cent on Wall Street and similar moves on European markets, sparked by disappointing economic data from China.

The local market barely moved after the release of the latest Australian economic growth figures at 1130 AEST, despite growth slowing to an annual rate of 2.0 per cent, below expectations of 2.2 per cent.

All sectors of the market are lower, with the heaviest falls in energy and consumer related stocks.

KEY FACTS

* At 1210 AEST on Wednesday, the benchmark S&P/ASX200 index was down 67 points, or 1.31 per cent, at 5,029.4 points.

* The broader All Ordinaries index was down 66.7 points, or 1.3 per cent, at 5,050.4 points.

* September share price index futures contract was 58 points lower at 5,001 points, with 30,973 contracts traded.

* National turnover was 1.09 billion securities worth $2.8 billion.