According to data from the publicly available National Bureau of Statistics of China, consumption, investment, and industrial production in the country exceeded expectations at the beginning of the current year.
According to the bureau, the volume of various sales in China for the first two months of 2021 increased by 33.8% compared to the same period last year. The growth rates of investments in fixed assets also increased and constituted 35% in the indicated period.
Industrial production in the country reached 35.1% in February compared to the same month of 2020. The volume of production of automobiles, household appliances, furniture, and other goods significantly rose.
"The recovery of the Chinese economy is in dynamic mode. Indicators of consumption, investments, and production exceeded expectations and testify to the stable development of the Chinese economy," noted experts.
