International environment now still complex and severe, domestic cyclical and structural contradictions are intertwined
But there are many favorable conditions for sustained economic recoveryAlthough external impact increased in April, the trend of economic recovery did not changeGradual implementation of policies will be conducive to the sustained recovery and improvement of the economyAs the effect of policies continues to show, contribution from consumption to economic growth will continue to increase
Earlier:
China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)Chinese officials say the economy is growing steadily in the face of pressure
This article was written by Eamonn Sheridan at www.forexlive.com.