Nation stays on solid growth path in April
By Xin Zhiming and Li Xiang | China Daily | Updated: 2018-05-16 07:28
China's economic growth momentum held up in April despite slowing fixed-asset investment and retail sales growth, with analysts expecting the nation's policy stance to remain unchanged in the coming months.
Industrial output rose 7 percent year-on-year in April, 1 percentage point higher than in March and 0.5 percentage point higher than a year ago, according to data released by the National Bureau of Statistics on Tuesday.
The surveyed unemployment rate in the urban areas was 4.9 percent, 0.2 percentage point lower than in March and 0.1 percentage point lower compared with a year ago.
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