China Economy: May Data Shows Steady Growth Momentum
China's economy maintained stable momentum in May, with industrial output up 4.5% year on year and high-tech manufacturing surging over 15%. New growth drivers including 3D printing, lithium-ion batteries and industrial robots are gaining ground, even as the property sector and global headwinds present challenges. CGTN's Sean Callebs spoke with John Gong, Professor at the University of International Business and Economics, about what the latest data reveals about China's economic trajectory. #bizshow #China #ChineseEconomy #trade #manufacturing #GlobalBusiness
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