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China's consumer price index, a main gauge of inflation, rose by 3 percent year-on-year in September, versus 2.8 percent a month earlier, according to the National Bureau of Statistics on Tuesday.The rise was mainly attributable to an 11.2 percent year-on-year rise in food prices last month, with pork prices soaring by 69.3 percent and pushing up the CPI by 1.65 percentage points, the NBS said. Poultry and egg prices rose by 14.7 percent and 9.4 percent year-on-year last month, respectively.Fruit prices rose by 7.7 percent year-on-year in September, down by 16.3 percentage points from the growth in August, while vegetable prices went down 11.8 percent. Nonfood prices registered a mild rise of 1.0 percent year-on-year in September.
China's economy is growing at a trend rate of 5.5 percent, primarily due to the post-pandemic reopening rather than fiscal thrust or accelerated credit creation, Mehran Nakhjavani, emerging markets strategist and partner at research firm MRB Partners, said in a report.
China's largest SUV and pickup maker Great Wall Motors saw its operating revenue in the third quarter reach 26.21 billion yuan (.9 billion), surging 23.6 percent year-on-year.
China's economy is bouncing back to growth after a steep slump from the COVID-19 pandemic with better-than-expected indicators in the second quarter, said Yan Pengcheng, director of the Department of National Economy at the National Development and Reform Commission, during a news conference in Beijing on Friday.
China's environment for the development of internet security has been constantly optimized. [Photo/IC]
来源：资阳报