Processing trade of China's printing industry increases to RMB84.2 billion -- The processing trade volume of China's printing industry reached 84.2 billion yuan in 2017, providing printing and packaging services to more than 50 countries, according to a printing industry forum in Shanghai on October 23. China witnessed rapid growth and upgrade in printing industry and possesses approximately 100,000 printing companies by 2017, nine times the number in 1979, said Liu Xiaokai, Director of Printing and Distribution Department of State Administration of Press, Publication, Radio, Film and Television on the forum.
NEV production and sales in China to exceed 1 mln in 2018 -- Production and sales of China's new energy vehicles (NEVs) are likely to exceed 1 million units in 2018, said Wan Gang, head of the China Association for Science and Technology. Speaking at the 3rd International Hydrogen Fuel Cell Vehicle Congress, Wan noted that cooperation and innovation should be highlighted for hydrogen fuel cell vehicle industry's future development amid a backdrop of economic globalization. NEV sales of main countries worldwide exceeded 1.42 million units in 2017, in which China contributed 777,000 units, according to Wan.
China railway fixed-asset investment exceeds RMB110 bln in Sept. -- China has completed some 572.289 billion yuan of railway fixed-asset investment in the first nine months of 2018, out of which more than 110 billion yuan of investment was made in September, according to data by China Railway (CR). The figure is 461.2 billion yuan for the first eight months this year, completing about 63 percent of the investment target set for the whole year. China plans some 732 billion railway fixed-asset investment for 2018, putting 4,000 kilometers of new rail lines into use which include 3,500 kilometers of high-speed rail.
China's GDP grows 6.7 pct in first 3 quarters -- China's gross domestic product (GDP) expanded 6.7 percent year on year in the first three quarters of 2018 to about 65.09 trillion yuan (about 9.38 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed on October 19. In the third quarter, China's GDP rose 6.5 percent year on year, lower from 6.7 percent in the second quarter, according to NBS data.
China's fiscal revenue growth slows in September -- China's fiscal revenue growth slowed for two consecutive months amid the Chinese government's efforts to cut taxes and fees, official data showed on October 19. The country's fiscal revenue rose 2 percent year on year to 1.3 trillion yuan (about 187.4 billion U.S. dollars) in September, slowing from a 4-percent gain in August, according to the Ministry of Finance (MOF).
China's property investment up 9.9 pct in first three quarters -- China's real estate investment increased 9.9 percent year on year in the first three quarters of this year, the National Bureau of Statistics said on October 19. The growth was slightly slower than the 10.1-percent expansion recorded in the January-August period.
China's power generation up 7.4 pct in Jan-Sept. -- China's power generation rose 7.4 percent in the first nine months of 2018, with electricity from nuclear and wind power facilities expanding at a fast pace in September. The growth in the first three quarters was 0.3 percentage points lower than the first eight months, the National Development and Reform Commission said on October 24.
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