National Bureau of Statistics: The national economy operated basically steadily in October, with a stable and improving trend continuing.

According to the Wise News APP, on November 14th, the National Bureau of Statistics issued a document stating that in October, the value added of industrial enterprises above designated size in China increased by 4.9% year-on-year and by 0.17% month-on-month. In October, China's Consumer Price Index (CPI) rose by 0.2% year-on-year, compared to a 0.3% decline in the previous month; it also increased by 0.2% month-on-month. In October, the producer price index for industrial products in China fell by 2.1% year-on-year, with the decline narrowing by 0.2 percentage points from the previous month, and increasing by 0.1% month-on-month; the producer purchase price index also fell by 2.7% year-on-year, with the decline narrowing by 0.4 percentage points, and also increasing by 0.1% month-on-month. Overall, the national economy operated steadily in October, with solid progress in transformation and upgrading, and continued strengthening of new growth drivers. However, it is important to note that there are many uncertainties in the external environment, significant pressure for domestic structural adjustments, and various challenges facing the stable operation of the economy.