The sales revenues of Chinese enterprises maintained month-over-month growth in October, according to the value-added tax data released by China's State Taxation Administration on Thursday.
October's sales revenues increased by 3 percentage points and 1.3 percentage points compared with August and September, respectively, the data showed.
The sales revenues of the manufacturing industry grew by 1.3 percent year over year and posted a 2.2 percentage points increase compared with September. The high-tech and the equipment manufacturing sectors maintained faster growth, with their sales revenues jumping 8.9 percent and 5.1 percent year over year, respectively.
Besides, China's advanced manufacturing industry also performed well in October, including the sectors of aerospace vehicle and equipment manufacturing, computer equipment manufacturing, and electronics and communication equipment manufacturing.
In terms of the modern service industry, sales revenues of the scientific research technology services, information technology services, and logistics increased by 14.5 percent, 9.2 percent, and 7.3 percent year over year, respectively.
The resale housing markets in China's first-tier cities were also active throughout October, with resale revenues in Beijing and Shanghai going up by 11 percent and 12.8 percent year over year, respectively.
As China ramped up equipment renewal programs, in October, Chinese enterprises spent 5.2 percent more year over year on purchasing equipment.
Sales revenue of Chinese enterprises maintain growth in October
A delegation of 40 students and teachers from seven Chinese mainland universities on Thursday wrapped up their nine-day visit to Taiwan. They set off for Taiwan on Nov. 27 and visited universities, historical sites, scenic spots, as well as sports, sci-tech and cultural venues on the island, widely engaging with locals throughout the tour.
The delegation made the tour at the invitation of the Taiwan-based Ma Ying-jeou Culture and Education Foundation.
"The young people from both sides of the Strait share the same root, and we are having a harmonious communication this time. We also welcome young people from Taiwan to visit the mainland for exchange," Cao Yibo, a student from Peking University, told reporters during the tour.
The delegation included table tennis Olympic champion Ma Long who studies at Beijing Sport University, and air rifle Olympic champion Yang Qian of Tsinghua University.
"In the future, I would like to visit Taiwan again. I did not expect that so many compatriots in Taiwan would come to welcome and us and pay so much attention to our exchange tour," Ma said.
Hsiao Hsu-tsen, executive director of the Ma Ying-jeou Culture and Education Foundation, saw off the delegation at the airport on Thursday, and said the mainland students and teachers had received Taiwan residents' heartfelt welcome wherever they went.
"The farewell dinner party was held yesterday evening, when almost all students from the mainland shared their feelings. What moved me so much is that every one of them thanked people here, because the latter sincerely and warmly welcomed them wherever they went during the nine-day tour. They told me that when they go back, they will tell their relatives and friends that people in Taiwan are kind, hospitable and warm. I believe that is the most important purpose of the exchange across the Strait," he said.
Calling youth exchanges a foundation of cross-Strait relations in the future, Hsiao said the foundation will carry on and continue to promote such exchanges across the Strait.
This is the second delegation of mainland teachers and students visiting Taiwan at the invitation of the Ma Ying-jeou Foundation, following the visit by a first delegation in July last year.
Delegation of mainland university students, teachers wraps up Taiwan visit
