Liu Zhiqin: Views on China's Economy from data on May

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Liu Zhiqin: Views on China's Economy from data on May

2021-06-17

Source: CGTN    Published: 2021-06-16



Liu Zhiqin, a senior fellow from the Chongyang Institute for Financial Studies at the Renmin University of China in Beijing, shared his insights with CGTN regarding with China's economic recovery.


Value-added industrial output rose 8.8% year-on-year in May, China's economic recovery is in a healthy and stable shape, also full of vitality. What's more, retail sales of consumer goods could see more robust recovery. Meanwhile, China's economic recovery is facing two major challenges. One is outside, the global market. The other comes from domestic market. To sum up, country is returning to full production capacity after pandemic.




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