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Monthly report on macro-economic situation (October 2013)


The macroscopic synchronized index in October has improved compared with September, with the DRC synchronized index continuing to rise but at a decreasing margin. If the recovery continues, the economy will further narrow its fall in the fourth quarter. When the overall reform plan is announced after the Third Plenary Session of the 18th CPC Central Committee, there will be new breakthroughs in many aspects that will play an active role in improving expectations. However, as the pre-period index continues to drop, a short-term peak is expected to appear in July. If the economy doesn't rise too sharply in next few months to influence the trend, economic operations in the first quarter of next year will drop slightly.

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