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The Chinese government is to accelerate efforts to boost the development of the private economy, with the latest moves dedicated to the manufacturing and innovation sectors.
CHINA'S value-added industrial output rose 3.8 percent year on year in the first half, showing continued recovery momentum, according to data released by the National Bureau of Statistics (NBS).
China's value-added industrial output rose 3.8 percent year-on-year in the first half, showing continued recovery momentum, according to data released by the National Bureau of Statistics (NBS).
China's Caixin services purchasing managers' index (PMI), a private gauge of the country's services sector, stood at 53.9 in June, down 3.2 points from the previous month but remaining in the expansion territory for the sixth straight month, a private survey showed on Wednesday.
Major Chinese cities including Beijing and Shanghai have seen a full recovery in the tourism and consumption sectors during the recent three-day Dragon Boat Festival holidays, with certain indicators exceeding that of 2019 before the COVID-19 pandemic, according to official data on Sunday.