The November macroeconomic data released by the National Bureau of Statistics on the 15th showed that the industrial added value increased by 7.0% year-on-year, the total retail sales of consumer goods increased by 5.0% year-on-year, and the cumulative growth rate of private investment turned positive for the first time this year. Among them, manufacturing investment rebounded sharply, the month-on-year growth rate rose to 12.5%, which is the biggest bright spot in this month's data.

Fu Linghui, the spokesperson for the National Bureau of Statistics, said that from the main data in November, economic growth in the fourth quarter is expected to continue to accelerate compared with the third quarter, because both production and demand are steadily picking up. In the next stage, the China's economy is expected to become the only one that has achieved positive growth among the world's major economies.

China’s economic recovery continued in November, with a strong recovery in manufacturing investment, strong industrial and service sector production. The agency said there were signs in November that the warming trend was continuing. GDP growth is expected to reach more than 5.5% in the fourth quarter as macroeconomic policies take effect more quickly. And there is little doubt that the economy will achieve positive growth for the full year.