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China's consumer spending continued to pick up pace in October amid the effective containment of the COVID-19 epidemic and steady economic recovery at home, Chinese official data showed Monday.
China's efforts in abiding by the WTO rules and fulfilling its commitments have gained worldwide recognition.
China's monetary policy will be determined primarily by the domestic economic situation, which requires relatively a lower interest rate level to reduce companies' financing costs, said analysts.
China's entertainment sector, which was on a roll last year, seems to have run into a rough patch judging by the lower-than-expected profit of top companies in the first half of this year.
China's financial market has accelerated its internationalization starting this year. In June, global equities index compiler MSCI announced the inclusion of China's A-shares on its benchmark Emerging Markets Index.
