International environment now still complex and severe, domestic cyclical and structural contradictions are intertwined
- But there are many favorable conditions for sustained economic recovery
- Although external impact increased in April, the trend of economic recovery did not change
- Gradual implementation of policies will be conducive to the sustained recovery and improvement of the economy
- As the effect of policies continues to show, contribution from consumption to economic growth will continue to increase
Earlier:
- China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)
- Chinese officials say the economy is growing steadily in the face of pressure
