1.In October, Caixin manufacturing PMI came in at 50.3, up 1.0 percentage points from the previous month, bringing the index back above the expansion-contraction line after a brief contraction in September.
2. The Ministry of Commerce will work with relevant departments to launch a series of new policies in the consumption sector. For example, we will soon study and issue policies to promote the development of first-time consumption, promote the high-quality development of wholesale and retail industries, support 20 cities, including Shanghai and Tianjin, to carry out pilot construction of modern trade and logistics systems, launch a pilot program for automobile circulation consumption reform, and implement a specific action plan for promoting healthy consumption.
3.The Ministry of Housing and Urban-Rural Development said that in October, the nation's new residential property sales volume increased by 0.9% year-on-year, expanding by 12.5 percentage points from the previous month, marking the first growth after 15 consecutive months of decline; the volume of second-hand property sales increased by 8.9% year-on-year, with continuous growth for seven months; the total volume of new and second-hand property sales increased by 3.9% year-on-year, marking the first growth after eight consecutive months of decline.
4.According to the data from China Index Academy, in October, the average price of second-hand residential properties in 100 cities was 14,360 yuan per square meter, down 0.60% from the previous month, with the decline narrowing by 0.10 percentage points from September. The average price of newly built residential properties in 100 cities was 16,532 yuan per square meter, up 0.29% from the previous month and up 2.08% from the same period last year.
5. The CAS released data showing that listed companies collectively realized operating revenue of 52.64 trillion yuan and net profit of 4.43 trillion yuan in the first three quarters. Net profit in the third quarter was 1.52 trillion yuan, up 4.9% year-on-year and 3.9% sequentially, with a marked improvement in margins.
6. The National Medical Insurance Administration said that 6.916 billion medical insurance claims were settled in the first three quarters, up 19.3% year-on-year; and the expenditure of the pool fund was 176 billion yuan, up 10.5% year-on-year.
7.According to data from the China Academy of Information and Communications Technology, in September, the domestic market saw a total of 25.37 million mobile phones shipped, down 23.8% year-on-year. Of these, 22.31 million were 5G phones, down 22.3%, accounting for 88.0% of the total shipments during the period.
8. According to Qunar, this winter, the number of hotel bookings heading south and with a stay of more than a month has doubled year-on-year. Besides the elderly travelers of previous years, many young people have also joined the "migrating birds" group this year. Among long-term hotel bookings, the number of travelers aged 25-30 has seen the biggest increase, up 2.5 times from 2019.
9.According to data from the Ministry of Transport, as of September 30, a total of 360 network taxi platform companies had obtained permits to operate, an increase of 1 from the previous month. The network taxi supervision and information exchange system received 989 million orders in September, a 3.9% decrease from the previous month.
10.The Ministry of Trade, Industry and Energy of South Korea said that exports in October increased by 4.6 percent year-on-year to $57.52 billion, marking the 13th consecutive month of year-on-year growth. Semiconductors and automobiles both set new records for the same month of the year.
