What is in this article?:
- China's Economy Picks Up Strength as Industrial Production Rises
- Pressure Mounts to Restructure Economy
Overall growth has slowed for seven straight quarters in China.
BEIJING -- China released a series of figures Sunday showing continued strength in the world's second-largest economy as it prepares for new leaders tasked with sustaining the country's dramatic growth.
There was a double-digit increase in production at factories, workshops and mines for the first time since March, the National Bureau of Statistics said, a strong sign the country is shaking off the effects of the global economic slowdown.
The 10.1% November increase follows rises of 9.6% the previous month, 9.2% in September and a three-year low of 8.9% in August.
Overall growth has slowed for seven straight quarters in China. It hit 7.4% in the three months through September, the weakest performance in more than three years.
But the production statistics and other figures released by the bureau -- including retail sales, fixed asset investment and inflation -- all showed an improvement.
The statistics -- the first major economic figures to be released since the Communist Party held its pivotal congress last month -- will be welcomed by the political elite as it prepares to usher in new leaders in March.
"Overall it's a quite strong set of numbers, supporting our view of rebounding GDP growth," said Lu Ting, China economist with Bank of America Merrill Lynch.
President Hu Jintao has called for efforts to strengthen domestic consumption in a bid to create a new growth model, echoing mounting calls for change to stabilize growth amid the slowdown.