
China’s Economy Remains on Track in August with High-Tech and Service Boost
August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.
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August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.
As the Chinese mainland surpasses $13,000 per capita GDP, service consumption expands—driven by a strategic focus on investing in people.
China’s thriving film and cultural tourism sectors are driving significant growth in the service consumer market, with record box office revenues and booming related industries.