China’s gross home product (GDP) grew 5.3 p.c yr on yr within the first half of 2025, information from the Nationwide Bureau of Statistics (NBS) confirmed. Within the newest W.E. Discuss, Assistant Secretary-Basic for Financial Growth within the Division of Financial and Social Affairs (DESA) Navid Hanif famous that regardless of a weak international outlook and rising commerce tensions, China’s deal with high-value manufacturing, inexperienced applied sciences, focused fiscal and accommodative financial insurance policies has unlocked home demand and superior sustainability and poverty alleviation, providing useful classes for the world. (Chen Tianhao)
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