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  • National Economy Continued to Rebound and Progress Well in April

    From stats.gov.cn

    In April, under the strong leadership of the Central Committee of the Communist Party of China （CPC） with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, and fully and faithfully applied the new development philosophy on all fronts. All regions and departments accelerated the efforts to foster a new development pattern, took solid steps to promote high-quality development and strengthened the implementation ... (full story)

Added at 10:06pm

  • China retail sales, investment data miss expectations in April

    From cnbc.com

    China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Retail sales rose by 2.3% in April from a year ago, the National Bureau of Statistics said. That was less than the 3.8% increase forecast by a Reuters poll, and slower than the 3.1% pace reported in March. Industrial production rose by 6.7% in April from a year ago, beating expectations for 5.5% growth. That was also a marked pickup from 4.5% in March. But fixed asset investment rose by 4.2% for the first four months of the year, lower than the 4.6% expected increase. Real estate investment ... (full story)

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