By Wang Yang, Sina English

China released a slew of figures Friday showing growth of the world's number-two economy gaining pace, as the Communist Party of China meets to elect new leadership tasked with sustaining the country's economic miracle.

The statistics bureau said output at the millions of factories, workshops and mines rose 9.6 percent year on year in October, from 9.2 percent in September, indicating the country is emerging from a slumber associated with the global economy.

The news came as other figures released Friday by the bureau -- including retail sales, fixed asset investment, and inflation -- also showed an improvement.

The data add to signs that China's economy is rebounding after growth slowed for seven straight quarters, hitting 7.4 percent in the three months through September, its weakest performance in more than three years.

Chinese President Hu Jintao in a speech on Thursday to open the pivotal Party Congress called for economic reform to boost domestic consumption in a bid to create a new growth model for the country's economy.

Hu signaled continued state involvement in the economy was needed, especially in sectors that comprise the lifeline of the economy and are vital to national security.

He told delegates at the congress in Beijing that therefore the government's role and influence in the economy should be increased.

While the October figures will give Beijing room to loosen monetary policy they have actually reduced the urgency for such a move, with analysts saying they will likely provide impetus to stimulate consumer spending.

"The data provided fresh evidence of an economic recovery, so the government will likely continue with its current fiscal and monetary policies and there's no need to step up efforts," said Liao Qun, a Hong Kong-based economist at Citic Bank International.

Authorities have taken steps to boost growth by cutting interest rates twice in less than a month earlier this year while they have also reduced the amount of funds banks must keep in reserve three times since December to encourage lending.

Liao said that it was unlikely authorities would make further such cuts but would use other tools to support the economy.