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Robust economy slows in October

By Li Xiang | China Daily | Updated: 2017-11-15 07:14

China's economic activity moderated in October as data from the National Bureau of Statistics showed on Tuesday, but the country's overall economic strength remains robust and is on track to achieve whole-year growth targets, an NBS official said.

Industrial production grew by 6.2 percent year-on-year in October, missing analysts' forecast of 6.3 percent and falling by 0.4 percentage point from last month, according to the NBS.

Fixed-asset investment also saw weaker growth of 7.3 percent year-on-year in the first 10 months of this year, compared with 7.5 percent during the first nine months.

Robust economy slows in October

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