China's Economy Maintains Recovery Momentum in May
China News
June 18, 2024
Official data reveals that China's industrial production saw robust growth in May, with a 5.6 percent year-on-year increase, up 0.3 percent from April. The service sector also showed strong recovery, particularly in information transmission and software. Additionally, imports and exports of goods grew by 8.6 percent, totalling over 3,700 billion yuan, or approximately 500 billion US dollars.