China’s fourth-quarter economic growth will accelerate from third quarter: stats bureau

FAN Editor

November 16, 2020

BEIJING (Reuters) – China’s fourth-quarter economic growth will accelerate from the third quarter, Fu Linghui, spokesman of the National Statistics Bureau said on Monday.

Consumption prospects are improving, with the services industry showing good recovery momentum, Fu told reporters in a press conference.

The latest data showed on Monday that China’s industrial output rose at a faster-than-expected pace in October, while the recovery in retail sales came in slower than expected.

(Reporting by Gabriel Crossley and Stella Qiu; Editing by Tom Hogue)

Free America Network Articles

Leave a Reply

Next Post

Roethlisberger shines as Steelers rout Bengals

FILE PHOTO: Nov 15, 2020; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers quarterback Ben Roethlisberger (7) reacts leaving the field after defeating the Cincinnati Bengals at Heinz Field. The Steelers won 36-10. Mandatory Credit: Charles LeClaire-USA TODAY Sports November 16, 2020 Pittsburgh quarterback Ben Roethlisberger passed for a season-best 333 yards, including […]