- Traditional industries saw bigger growth slowdown.
- Jan-Sept. service sector was 43.8% of economy.
- Energy consumption per GDP unit down 3.4% y/y.
- China’s employment situation is stable in first 9 months.
- 3% more migrant workers working away from home.
- China created 10 million jobs in the first 9 months.
- Achieving growth stabilization not an easy task.
- China still faces destabilizing factors at home and abroad.
- China put stabilizing growth in more important position.
- Will continue prudent monetary policies.
- Will keep reasonable market liquidity and loan scale.
- Confident china can achieve full year growth of 7.5%.
- China still needs to be cautious about inflation.
- Says there’s still upward pressure on China inflation.
- China to maintain September export trend.
- Cites stabilizing financial markets in U.S. and Europe.
- Cites upcoming Christmas season for export pickup.
Bloomberg headlines.
I like a man that still believes in Santa Claus.
