MULTIPLE Chinese manufacturing hubs have released their GDP growth figures for the first three quarters, with some showing gains of more than 5 percent. Analysts attributed the positive readings to the localities' impressive performance in manufacturing, in particular in high-tech, which they said mirrored China's ongoing industrial upgrading as well as the country's overwhelming edge in industrial manufacturing.
Observers also expect those manufacturing bases to continue serving as "pioneers and stabilizers," supporting the world's second-largest economy to embark on a stable high-quality development trajectory throughout the year. Meanwhile, a raft of incremental policies, which are set to take effect in the fourth quarter, will also inject new impetus into China's economic growth, they noted.
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