Chinese Mainland Economy Demonstrates Steady Growth and Stability in July
The Chinese mainland’s July economic data shows stable growth with industrial output up 5.1%, retail sales rising 2.7%, and import/export increasing by 6.5% year-on-year.
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Service Consumption Fuels China’s Economic Transformation in 2024
Service consumption has become a major driver of China’s economic growth in 2024, contributing over 50% to GDP and fueling retail sales and higher quality consumer demand.
China’s Economy Shows Strong Recovery in April
China’s economy continues to recover with robust industrial output and rising retail sales in April, signaling resilience and growth.
China’s Consumer Market Soars: A 5.2% Growth Story
China’s economy grew by 5.2% in 2023, driven by consumption, exports, and investment. Retail sales hit $6.63 trillion, with consumer spending playing a key role.
China’s Consumer Goods Sales Rise 8.2% in H1 2023
China’s retail sales of consumer goods grew by 8.2% year-on-year in H1 2023, highlighting consumption as a key driver of economic growth.
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