Latest data again reflect resilience of Chinese economy: editorial


Source: chinadaily.com.cn chinadaily.com.cn

Key Topics in this News Article:

News Snapshot:

Containers await shipping at a port in Xiamen, Fujian province. [Photo by Wang Xieyun/China Daily] That China achieved positive GDP growth, of 0.4 percent year-on-year, in the second quarter of 2022 despite suffering worse-than-expected shocks is astonishing. That reflects the resilience of the Chinese economy. With the economy growing 2.5 percent year-on-year in the first half of 2022, the added value of the industrial sector, service sector, fixed-asset investment and total consumer goods retail reached 20 trillion yuan ($2.95 trillion), 30 trillion yuan, 27 trillion yuan and 21 trillion yuan respectively. Which means China's economic fundamentals remain stable and foundation...