Why China's economy rebounds with growth at the beginning of 2021?

Source:CCTV.com 31-03-21 04:48 Updated BJT
Font size:A+A-

Despite the global recession caused by COVID-19, China became the only economy in the world with positive growth in 2020. As 2021 marks the start of China's 14th Five-Year Plan, its economic performance will continue to draw global attention.

China's key economic indicators including consumption, investment, import and export showed a sizable year-on-year growth rate, according to data from the National Bureau of Statistics of China (NBS) released on March 15.

China's value-added industrial output, index of services production, total retail sales of consumer goods and investment in fixed assets went up by 35.1 percent, 31.1 percent, 33.8 percent, and 35.0 percent, respectively. The figures once again proved China's sound recovery momentum.

Editor: zhangrui
31-03-21 04:48 BJT
Share this: