Beijing Review

ECONOMY

Economic Data

China’s economy continued its recovery momentum in November despite downward pressure, with major indicators staying within a reasonable range, data from the National Bureau of Statistics (NBS) showed on December 15.

Retail sales of consumer goods went up 3.9 percent year on year in the month, while value-added industrial output increased 3.8 percent year on year.

Fixed assets investment gained 5.2 percent year on year in the first 11 months of the year, with investment in hi-tech industries accelerating, the data showed.

The real sector of the economy registered

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