China industry minister: industrial economy stabilises, NEV shines in Jan-Sept period

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SHANGHAI : China's industry minister said the country's industrial economy stablised and recovered in the first three quarters of 2023 and the new energy sector, such as electric cars, shined.

China's Industry and Information Technology Minister Jin Zhuanglong speaks at the China Development Forum 2023, in Beijing, China, March 27, 2023. REUTERS/Jing Xu/File Photo

China's industrial output in September grew 4.5 per cent from a year earlier, matching the pace in August, as policy support measures stabilised some parts of the world's second-largest economy.

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