China has tamed the coronavirus; It’s now the turn of the economy

  • May 16, 2020 AEST
  • Team Kalkine

After bringing back coronavirus under control, China has opened its factories and the industrial production got doubled during April 2020.

As per National Bureau of Statistics of China,

  • China’s Industrial Production moved from Decline to Growth. The growth rate of manufacturing recovered strikingly in April.
  • The decline of service sector lessened & modern service industry rose well.
  • Market sales have gained pace & the amount of online retail sales of physical goods is growing continuously.
  • Investment in Fixed Assets have enhanced.
  • Rise of consumer price dropped and the decline of producer prices for industrial products extended.
  • Urban surveyed unemployment rate improved to some extent and employment for major labor force was mostly stable.
  • exports of goods witnessed a YoY growth & the trade structure continue to improve.


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