Chinese industries grow 4.9% in October

China's industrial output grew 4.9 percent year on year in October, with equipment manufacturing up 8 percent and high-tech manufacturing surging 7.2 percent, data from the National Bureau of Statistics showed on Friday.

Meanwhile, the country's retail sales surpassed 4.63 trillion yuan ($661 billion) in October, marking a 2.9 percent increase; and the total value of China's foreign goods trade reached 3.7 trillion yuan, with a year-on-year growth of 0.1 percent.

In the first 10 months of 2025, however, fixed-asset investment went down 1.7 percent year on year.

Additionally, the job market remained generally stable in October, with the surveyed urban unemployment rate standing at 5.1 percent, down 0.1 percentage points from September.

(Cover via VCG)