Hey everyone! Despite the global economic rollercoaster, exciting news is coming out of China. Thanks to robust policy support and a booming domestic market, China's economy is thriving!
Recent data reveals some impressive stats: in April, industrial enterprises grew by 6.1% year-on-year—equipment manufacturing surged 9.8% and high-tech manufacturing by 10%! Moreover, the production of cutting-edge tech like 3D printing equipment, industrial robots, and new energy vehicles shot up by 60.7%, 51.5%, and 38.9% respectively 📈.
The momentum continues with total retail sales reaching 3.7174 trillion yuan, marking a 5.1% increase compared to last year. The recently celebrated May Day holiday turned into a massive consumption fiesta, highlighting the power of domestic demand and even drawing increased spending from overseas visitors.
For our tech-savvy friends and early professionals, these trends show how smart policies and local consumer energy can drive innovative growth across industries—from manufacturing to emerging tech. It's an inspiring reminder that even amid global uncertainties, positive change is happening right at home!
Stay tuned for more updates on global trends that shape our everyday lives. Keep rocking, everyone! 🚀
Reference(s):
Policy support and Domestic demand drive China's economy to thrive
cgtn.com
