On October 18, Sheng Laiyun, deputy director of the National Bureau of Statistics, said that judging from changes in electricity consumption and prices of some means of production in early October, including consumption during the “Eleventh” Golden Week, they all indicate that a steady economic recovery in the fourth quarter is a probable event. “Judging from the economic performance in the first three quarters and the effects of the implementation of the incremental policy, we believe that favorable conditions for a steady economic recovery are increasing, and confidence in achieving the expected target of around 5% is increasing.” Sheng Laiyun said.

On October 18, Sheng Laiyun, deputy director of the National Bureau of Statistics, said that judging from changes in electricity consumption and prices of some means of production in early October, including consumption during the “Eleventh” Golden Week, they all indicate that a steady economic recovery in the fourth quarter is a probable event. “Judging from the economic performance in the first three quarters and the effects of the implementation of the incremental policy, we believe that favorable conditions for a steady economic recovery are increasing, and confidence in achieving the expected target of around 5% is increasing.” Sheng Laiyun said.