Hey there, global explorers! 🌍 Guess what? China's economy is picking up steam! 🚀
According to Fu Linghui, spokesperson for China's National Bureau of Statistics, October was a month of significant progress for China's economy. Major economic indicators are on the rise, showing steady improvement. 🎉
Retail Sales on the Upswing 🛍️
In October, the total retail sales of consumer goods hit a whopping 4,539.6 billion yuan (about $627 billion), marking a year-on-year increase of 4.8 percent. That's a lot of shopping bags! 🛍️🛒
Trade Taking Off ✈️
Not just retail, but trade is also soaring. The total value of imports and exports of goods reached 3,700.7 billion yuan (about $511 billion), indicating a year-on-year increase of 4.6 percent. China's connecting with the world like never before! 🌐
It's exciting to see such dynamic growth, don't you think? This could have ripple effects across global markets, and we can't wait to see what's next! Stay tuned, amigos! 😉
Reference(s):
cgtn.com
