Global EditionASIA 中文双语Français
Home / Business / Macro

NBS: China's economy recovers in April

By Zhou Lanxu | | Updated: 2020-05-15 10:03
Share - WeChat
Staff members work at a workshop of China Railway Rolling Stock Corporation (CRRC) Qiqihar Rolling Stock Co Ltd in Qiqihar, Northeast China's Heilongjiang province, April 10, 2020. [Photo/Xinhua]

The vitality of the Chinese economy continued to recover from the COVID-19 impact last month, with major economic indicators improving, the National Bureau of Statistics said on Friday.

To deal with challenges in the future economic recovery, the country will comprehensively implement policies to ensure the six priorities, expand domestic demand and address difficulties for enterprises, the bureau said in a statement.

Industrial output expanded by 3.9 percent year-on-year last month, versus a 1.1 percent contraction for the previous month, the NBS reported.

Retail sales dropped by 7.5 percent year-on-year in April, compared with a 15.8 percent decline in March.

Fixed-asset investment in the first four months contracted by 10.3 percent, recovering from a 16.1 percent plunge in the first quarter.

The surveyed urban unemployment rate edged up to 6.0 percent in April from 5.9 percent in March.

Online shopping in China exceeded 3 trillion yuan in the first 4 months of 2020, the bureau added.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349