China's industrial profits up 14.7 pct in first nine months -- Industrial profits rose 14.7 percent year on year to 4.97 trillion yuan (about 715.3 billion U.S. dollars) in the first nine months, the National Bureau of Statistics (NBS) said. That was down from a rise of 16.2 percent in January-August. Profits in 34 of the 41 sectors surveyed rose compared with one year earlier, unchanged from that in the January-August period.
China's manufacturing sector improves in Jan-Sept: official -- The value-added output of China's manufacturing sector expanded 6.7 percent year on year in the first three quarters, Xin Guobin, vice minister of the Ministry of Industry and Information Technology (MIIT), told a recent press conference. Profit climbed 13.5 percent year on year in the first eight months, Xin said, adding that the sector has found a bright spot in investment growth.
China's manufacturing activity remains stable in October-- China's manufacturing purchasing managers' index (PMI) came in at 50.2 in October, narrowing from 50.8 in September, according to the National Bureau of Statistics (NBS). A reading above 50 indicates expansion, while a reading below reflects contraction.
China's non-manufacturing sector holds steady in October -- China's non-manufacturing sector held steady in October, official data showed on October 31. The purchasing managers' index for the sector came in at 53.9 in October, down from 54.9 in September, the National Bureau of Statistics (NBS) said. A reading above 50 indicates expansion, while a reading below reflects contraction.
Beijing foreign trade up 25 pct in Jan-Sept period-- Beijing saw foreign trade increase by 25.1 percent year on year to 2.01 trillion yuan (289 billion U.S. dollars) in the first three quarters of the year, local customs said on October 29. Its imports grew 24.2 percent to 1.65 trillion yuan while exports rose 29.1 percent to 362.4 billion yuan, Beijing Customs said.
China's transport investment remains stable in Jan-Sept -- China's fixed-asset investment (FAI) in transport increased 1.4 percent year-on-year to reach 2.28 trillion yuan (about 328 billion U.S. dollars) in the first three quarters of the year, Wu Chungeng, spokesperson of the Ministry of Transport (MOT), told a press conference. Investment in the country's roads and waterways reached 1.65 trillion yuan in the first three quarters, bringing in over 90 percent of the annual target.
China's software industry sees rapid revenue growth -- China's software industry registered rapid revenue growth in the first three quarters of this year, official data shows. Business revenue increased by 15 percent year on year to reach 4.5 trillion yuan (647.4 billion U.S. dollars), faster than the growth during the same period last year, according to the Ministry of Industry and Information Technology (MIIT).
China's industrial robot output rises 9.3 pct in Jan.-Sept. -- China's industrial robot output increased 9.3 percent year on year in the first nine months of this year, a slower growth rate than in the January-August period, according to official data. A total of 108,271 units of industrial robots were produced in the January-September period, according to the Ministry of Industry and Information Technology (MIIT).
Chinese bank's onshore assets up 7 pct in Sept -- Chinese banks held 257.3 trillion yuan (about 37 trillion U.S. dollars) in onshore assets by the end of September, official data shows. The volume expanded 7 percent year on year, according to the China Banking and Insurance Regulatory Commission. Lenders' onshore liabilities rose 6.7 percent to 236.4 trillion yuan by the end of September, said the regulator.
China's information consumption booms in Jan-Sept -- China's information consumption grew rapidly in the first three quarters, with the business volume of China's telecommunications services increasing 139.8 percent year on year, according to the Ministry of Industry and Information Technology (MIIT). Wen Ku, director of the telecom department at the ministry, said the total revenue of internet service and related sectors grew 20.2 percent year on year in the January-September period.
China issues 4.3 trillion yuan of bonds in September -- The value of bonds issued in China last month totaled 4.3 trillion yuan (about 620 billion U.S. dollars), according to data from the central bank. Treasury bond issuance stood at 324.7 billion yuan, while local government bond issuance was worth 748.5 billion yuan, according to the People's Bank of China. By the end of September, the size of outstanding bond market debt was 83 trillion yuan.
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