News Formal

China's consumer market shows 'strong' recovery in January - commerce ministry

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

BEIJING : China's consumer market recovery was 'strong' in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been reined in by a weak economy and tough COVID-19 policies.Reviving consumer demand quickly is critical for an

BEIJING : China's consumer market recovery was"strong" in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been reined in by a weak economy and tough COVID-19 policies.

China's 3 per cent economic growth rate last year was one of its weakest rates in nearly half a century，hurt by harsh COVID-19 curbs that were abruptly lifted in December.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia's posts $6 billion budget surplus in January - Finance MinisterJAKARTA : Indonesia had a 90.8 trillion rupiah ($5.97 billion) budget surplus in January or 0.43 per cent of gross domestic product, as a risk of lower economic growth this year still lingers amid a global economy slowdown, finance minister Sri Mulyani Indrawati said on Wednesday.Government revenues in Ja
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »