The Chinese mainland's economy has demonstrated steady progress in October, with key economic indicators showing notable improvements. According to Fu Linghui, spokesperson for the country's National Bureau of Statistics, total retail sales of consumer goods reached 4,539.6 billion yuan (approximately $627 billion), marking a 4.8% year-on-year increase. Additionally, the total value of imports and exports during the month was 3,700.7 billion yuan (about $511 billion), reflecting a 4.6% rise compared to the previous year. These figures highlight the resilience and growth potential of the Chinese mainland's economy amidst global economic challenges.
Reference(s):
cgtn.com
