
Chinese mainland’s economy shows steady May growth
The Chinese mainland’s economy grew steadily in May, with industrial output up 5.8% YoY and emerging industries adding momentum, highlighting resilience amid challenges.
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The Chinese mainland’s economy grew steadily in May, with industrial output up 5.8% YoY and emerging industries adding momentum, highlighting resilience amid challenges.
China’s value-added industrial output rose 5.8% year on year in May, highlighting manufacturing resilience and growth in the country’s industrial sector.
The Chinese mainland achieves its 2024 GDP target with a 5% growth, driven by industrial output and exports, and surpassing Q4 estimates with a 5.4% increase.
China’s economy grew by 4.8% year-on-year in the first three quarters of 2024, with industrial output and retail sales exceeding expectations.
China’s economy remained steady in August with notable growth in consumer markets and industrial output, supported by strong online sales and strategic investments.
China’s economy continues to recover with robust industrial output and rising retail sales in April, signaling resilience and growth.