📊 Fresh from the National Bureau of Statistics: the Chinese mainland's economy held a steady pace in August, with retail sales up 3.4% year on year and industrial output climbing 5.2% compared to August last year.
Retail sales track how much shoppers spend in stores and online—so this 3.4% gain means consumers are still keen on everything from fashion hauls to foodie finds! Meanwhile, a 5.2% jump in industrial output shows factories are buzzing, pumping out goods across sectors.
These figures may not break records, but they underline a resilient baseline for growth and a domestic market that's holding its own. For investors, entrepreneurs, and students alike, it's a sign that the Chinese mainland's economy is in steady shape.
CGTN's latest graphic analysis breaks down the numbers and spotlights the trends powering August's performance. Stay tuned for more insights! 🚀
Reference(s):
cgtn.com