According to tax data, nationwide procurement of machinery and equipment in the first 11 months of this year grew by 10.7% year-over-year, reflecting increased investment in equipment.

Retail sales revenue from home appliances and communication equipment — categories covered by the policy supporting the trade-in of old consumer goods — rose by 26.5% and 20.3% year-over-year, respectively, indicating the policy's sustained effectiveness.

The value of export tax rebates for enterprises rose by 6.8% year-over-year, suggesting that Chinese exporters are resilient enough to maintain sound export growth amid a challenging global trade environment.

Regarding tax-filing entities, the number of actively operating enterprises nationwide in the first 10 months increased by 9.8% year-over-year. Their proportion among all enterprises was 4.7 percentage points higher than that in the same period last year.