Economic Watch: China makes efforts to sustain economic recovery in H2-Xinhua


Source: news.cn news.cn

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BEIJING, July 10 (Xinhua) -- With COVID-19 outbreaks waning and pro-growth policies taking effect, China is making multi-pronged efforts to continue its recovery trend in the second half (H2) of this year. The economy has come under strain from COVID-19 resurgences and global geopolitical conflicts since March. To help it navigate the trough, multiple supportive moves ranging from bolstering market entities to spurring domestic demand have been taken by the country's policymakers. Thanks to the efforts, the latest data has pointed to upticks of key indicators. For instance, the purchasing managers' index for China's manufacturing sector, which measures the country's...