Nation can withstand manufacturing risks

China is capable of addressing potential risks in the manufacturing sector, as the nation's massive industrial scale and increased innovation capacity give it both the resilience and leeway to maintain sound momentum, said Miao Wei, minister of industry and information technology.

He said despite the ongoing China-US trade tension, "we are confident and capable of dealing with a wide range of risks and challenges, given our strong manufacturing presence and capacity".

In the first eight months of this year, profits of China's major industrial companies grew 16.2 percent year-on-year. Meanwhile, the nation's manufacturing output, which accounted for around 85 percent of industrial value, grew 6.8 percent, faster than expected, according to the National Bureau of Statistics.