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China biggest contributor to global growth

China is playing an increasingly important role in driving global economic recovery amid fears over a gloomy world economic outlook and pressures from COVID-19 outbreaks and geopolitical tensions, experts said.

Task forces to speed up stimulus package

MIL-OSI China: Task forces to speed up stimulus package

MIL-OSI China: Task forces to speed up stimulus package
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China s economy sees a V-shaped rebound in second quarter, with primary and industrial production doing much of heavy lifting

From competitive high-tech manufacturing sector to higher than expected trade growth, China s economy managed to secure a positive growth in the second quarter against tough headwinds and achieve a V-shaped rebound with 2.5 percent growth in the first half of the year, a hard-won achievement considering the country s arduous fight with the most serious outbreaks of coronavirus since 2020 and a tough external environment, officials and experts said as they further underlined the economic resili-ence and abilities of the nation of 1.4 billion people to brave challenges ahead.

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