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China's economy on track of recovery, but with fluctuations

2023-08-16 11:36:27       source:CGTN

August 15, 2023


China's economic data in key areas in July saw normal monthly fluctuations, the National Bureau of Statistics (NBS) said on Tuesday.


NBS spokesperson Fu Linghui said that China's economy has continued on its recovery trend, but still faces challenges and pressure from the complicated international environment and a lacking domestic demand.


Figures released by the NBS showed the retail sales of consumer goods increased by 2.5 percent year on year last month to nearly 3.68 trillion yuan ($512.22 billion).


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https://news.cgtn.com/news/2023-08-15/China-s-economy-on-track-of-recovery-but-with-fluctuations-1mhVlgkIyZi/index.html