China's exports continued to expand in October, the growth rate reached 19 months high, and imports also showed stable growth, official data showed on Saturday, as the country's economy continues to recover from the pandemic.China's October exports and imports increased 11.4 and 4.7 percent, respectively, from a year earlier, reaching $237 billion and $179 billion.Exports in October continued to expand from an already solid increase of 9.9 percent in September, beating analysts' expectations of 9.3 percent. Imports however slowed down from September's big leap of 13.2 perce...
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2020
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China's economy recovered steadily in October as the latest data showed the continuous expansion of the manufacturing and services sectors. Economists expect structural reforms and opening measures unveiled in the country's newly proposed five-year plan and its development goals for 2035 will help sustain long-term growth.The country's factory activities stayed in expansionary territory for eight consecutive months as the purchasing managers index for the manufacturing sector stood at 51.4 in October. The PMI for the nonmanufacturing sector came in at 56.2, compared with 55.9 in th...
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2020
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China's outbound investment was generally stable during the first three quarters of the year, although the raging COVID-19 pandemic and other factors dampened cross-border investment globally, the Ministry of Commerce said Thursday.Chinese companies hiked investment in countries along the Belt and Road during the period, with non-financial direct investment surging 29.7 percent year on year to reach 13.02 billion U.S. dollars, Gao Feng, spokesperson for the ministry, told a press briefing.
发布时间:
2020
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