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China Economy Hasn't Returned to Normal Growth: Daily

CHINA PRESS
MNI (Beijing)

China's economy has yet to return to normal growth even as the April data released this week showed the recovery is on course, said Economic Daily in a commentary. Consumption recovery still lags behind the production and investment in manufacturing is not at the pre-pandemic level, the daily said. China should boost domestic demand by stimulating auto and home appliance purchases, increasing investment in the manufacturing industry, and stepping up the income of residents, it said. Still, the daily cited two international forecasts that China GDP growth for 2021 will be at least 8%

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