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Early indicators hint firm Q3 growth

Reporter: Ming Tian 丨 CCTV.com

10-18-2016 16:17 BJT

China will release its Q3 growth figures on Wednesday. And a slew of economic indicators from earlier projects a better-than-expected expansion.

PPI or producer price index, which gauges prices at factory gates, rose 0.1 percent--the first rise in four and half years. Industrial profits rose 8.4 percent. Power generation reached near five hundred billion kilowatts hour, up 6.9 percent, led by the rapid expansion of service sectors.

Another figure is transport volume. Train cargoes hit 227 million tons in September, about four and half percent increase year on year.  

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