China still driving global growth in 2021: media
- Details
- Category: Governmental News
- Published: Wednesday, 19 May 2021 14:03
China will continue to be one of the main driving forces for global growth in 2021, the Bloomberg said in its Sunday report "China to Keep Up Momentum With Broadening Recovery: Eco Week".The country announced the latest economic indicators on Monday, showing that its industrial output rose by 9.8 percent year-on-year in April, and retail sales grew by 17.7 percent year-on-year.The news agency said China's role as the world factory is cemented with producing and selling everything from oxygen concentrators and masks to cellphones and home renovation supplies.
The country's recovery from the COVID-19 pandemic last year not only boosted the domestic economy but also the profits of international companies, said the news agency
