China's economy brightens, property sector still in doldrums
The Business Guardian|March 19, 2024
China’s economic landscape for the first two months of the year exhibited a mixed picture, with manufacturing and investment showing signs of improvement while the property sector continued to grapple with weaknesses, according to a statement from the National Bureau of Statistics released on Monday.
China's economy brightens, property sector still in doldrums

Industrial output during January and February soared by 7% compared to the same period in the previous year, surpassing analysts’ expectations. Concurrently, fixed-asset investments, which encompass spending on factories and equipment, witnessed a notable increase of 4.2%.

However, amidst this positive trajectory, the real estate sector remained a cause for concern, with investment in real estate plunging by 9% during January-February year-on-year. This decline underscores the ongoing challenges faced by the property market, although officials remain optimistic about the sector’s future trajectory.

هذه القصة مأخوذة من طبعة March 19, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 19, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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