Current quarter looking up

Steady growth seen in industrial production and investment in Oct

China's economy is expected to regain steam in the fourth quarter with the government's effective measures to coordinate COVID control and economic development along with stimulus policy measures gradually taking effect, economists and analysts said.

They said the recovery trend in industrial production will likely continue for the remainder of the year, and expect to see a gradual improvement in key economic indicators, including investment and consumption.

Their comments came after key economic data released by the National Bureau of Statistics on Tuesday showed China's economy has maintained a recovery trend in October, with steady growth in industrial production and investment, while consumption was still weak amid pressure from renewed COVID-19 outbreaks.