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China’s Industrial Sector Reports Steady Revenue Growth Amid Policy Reforms

In October, Chinese industrial companies experienced a 1.3% increase in sales revenue, with a monthly rise of 2.2%. Notably, high-tech spare parts and equipment manufacturers saw revenues grow by 8.9% and 5.1%, respectively. This growth reflects improving market confidence and suggests potential for further revenue increases, supported by Beijing’s economic revitalization policies. Overall, the revenue surge indicates a favorable trend for China’s economy, the second largest in the world.

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