Following the release of the October activity numbers, China’s National Bureau of Statistics (NBS) released a statement, via Reuters, expressing their take on the economy.
China's economy maintained steady recovery in October.
Still need to step up efforts to stabilise economic recovery.
Signs of stagflation in China’s economy caused by some short-term factors.
Expects China’s economy to continue recover, consumer inflation to remain mild.
Expects infrastructure investment to pick up as China rolls out key projects.
China's employment situation gradually improving.
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