China continues steady economic recovery
China's economy continued to recover steadily in October, the spokesperson of the National Bureau of Statistics said at an SCIO press conference on Monday.
China's economy continued to recover steadily in October, said Fu Linghui, spokesperson of the National Bureau of Statistics (NBS), at a press conference of the State Council Information Office (SCIO) on Monday.
The output of industries above the designated size rose by 6.9% year on year in October, the same as the previous month and 2.2 percentage points higher than the same period last year.
The retail sales of consumer goods grew by 4.3% in October on a yearly basis, up from 3.3% in September.
The fixed-asset investment (rural households excluded) rose by 1.8% year on year in the first 10 months, up from 0.8% in the January-to-September period.
The imports and exports of goods rose by 4.6% year on year in October, with exports up 7.6% and imports up 0.9%.
From January to October this year, 10.09 million new jobs were created in the country's urban areas, fulfilling the target of the year ahead of schedule. The urban surveyed unemployment rate registered at 5.3% in October, 0.1 percentage point lower than that in September.
