The Chinese mainland demonstrated stable economic growth in October, with the manufacturing and retail sectors experiencing significant acceleration. According to data released by the National Bureau of Statistics on Friday, the consistent momentum highlights the resilience of key industries in driving the overall economy forward.
The manufacturing sector, a cornerstone of the Chinese mainland's economy, showed robust expansion, signaling increased production and investment. Meanwhile, the retail sector's accelerated growth reflects rising consumer confidence and spending, contributing positively to the economic landscape.
These developments underscore the mainland's ability to sustain growth amidst global economic challenges, positioning it as a pivotal player in the global market.
Reference(s):
Economy grows in October, with manufacturing and retail accelerating
cgtn.com
