Demand Renewal and Industrial Upgrade Accelerate Cultivation of New Economic Momentum

Deep News11-16

The expansion of new demand in digital and platform economies, coupled with rapid growth in emerging industries, highlights significant industrial upgrading trends. Recent data released by the National Bureau of Statistics indicates that from January to October, China has achieved positive progress in advancing economic restructuring and accelerating the cultivation of new growth drivers, providing robust support for stable economic performance.

The surge in digital and platform-based economic activities reflects the country's shift toward innovation-driven development. Emerging sectors continue to thrive, reinforcing industrial transformation and modernization efforts. These developments underscore the effectiveness of policies aimed at fostering new economic momentum while maintaining macroeconomic stability.

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