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The National Bureau of Statistics released China's Q3 statistics yesterday, revealing that the country's economy rose by 3.9 percent year-on-year. Positive indicators such as consumption and infrastructure investment reflected the resilience and vitality of the Chinese economy, experts said.
A total of 28 out of 31 province-level regions in the Chinese mainland saw an increase in the year-on-year growth rate of the consumer price index in September compared with that in August, the Economic View, a new media hosted by China News Service, reported on Tuesday.
China's benchmark rate for bank lending still has room to decline during the rest of the year as the central bank's latest open market operations signaled that an accommodative policy stance may continue to buoy economic recovery, experts said on Tuesday.
A total of 28 out of 31 province-level regions in the Chinese mainland saw an increase in the year-on-year growth rate of the consumer price index in September compared with that in August, the Economic View.
China's intensified efforts to build a modern logistics system will help facilitate the smooth flow of products and resources, boost economic circulation and stabilize growth amid downward pressure, officials and experts said.