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China's economy is actually beginning to climb the hill to present V-shared recovery, which is mostly coming from accelerating industrial production and robust export growth. Moreover, sustained growth in infrastructure investment and housing construction also has played a role, the magazine Foreign Policy said on Oct 29.
China's industrial profit grew 22 percent in the first half of the year, much faster than the 8.5 percent increase in 2016, according to the National Bureau of Statistics.
China's nonfinancial outbound direct investment in economies involved in the Belt and Road Initiative also surged 29.7 percent on a yearly basis to .02 billion in the first three quarters, helping sustain confidence in these markets to support their long-term economic growth, said the ministry.
China's new yuan loans stood at 1.45 trillion yuan (1 billion) in July, up 627.8 billion yuan from a year ago, data from the central bank showed.
China's mobile phone market extended its upswing in shipments over the past month, increasing 1.2 percent year-on-year to 38.29 million units and adding to the 4.8 percent growth rate from April, according to data from the China Academy of Information and Communications Technology released on Tuesday.
来源：资阳报