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

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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.

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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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