xi's moments
Home | Macro

China's economic activity cools in April

By Xin Zhiming | chinadaily.com.cn | Updated: 2019-05-15 10:38

Industrial robots move production material in a factory. [Photo/Xinhua]

China's industrial output, an important economic indicator, expanded by 5.4 percent year-on-year in April, down from the 8.5 percent for March, official data showed on Wednesday.

In the first four months, industrial output rose from a year earlier by 6.2 percent, the same growth rate for last year as a whole, according to the National Bureau of Statistics (NBS).

Retail sales increased by 7.2 percent in April, down from the 8.7 percent registered in March.

Fixed-asset investment expanded by 6.1 percent in the first four months, down by 0.2 percentage points compared with the January-March period.

The urban employment situation improved in April, with the surveyed jobless rate in urban areas standing at 5 percent, down from 5.2 percent in March.

The NBS warned that "unstable and uncertain factors are on the rise" and the external environment remains complicated, although the economy on the whole remains on track.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349