
Chinese mainland’s economy stays steady in August
In August, the Chinese mainland’s economy showed steady growth: retail sales rose 3.4% and industrial output increased 5.2% year on year, highlighting a resilient domestic market.
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In August, the Chinese mainland’s economy showed steady growth: retail sales rose 3.4% and industrial output increased 5.2% year on year, highlighting a resilient domestic market.
July’s data shows the Chinese mainland’s economy saw 3.7% retail sales growth and 5.7% industrial output rise, reflecting stable progress.
The Chinese mainland’s retail sales of consumer goods climbed 3.7% in July, a strong signal that shoppers are back in action and consumer confidence is on the rise.