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National Economic Development Continued to Show Resilience in August

National Economic Development Continued to Show Resilience in August
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MIL-OSI China: The National Economy Maintained the Momentum of Recovery in the First Two Months

National Bureau of Statistics of China
15 March 2021

In the first two months, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping as the core, the efforts made by all regions and departments to coordinate both the epidemic prevention and control and the economic and social development continued to deliver results, the industry and exports grew fast, investment and consumption recovered steadily, employment and prices were generally stable, people’s basic livelihoods were safeguarded and the national economy sustained steady recovery. Compared with the same period last year, the year-on-year growth rates of major indicators were high due to a low base of the same period in 2020. After deducting the base effects, major indicators grew steadily and macro economic indicators were within reasonable range. ....

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