China’s Economy is Getting Stronger: Cool Facts and Figures!
Hey there! Did you know that China’s economy is growing and getting stronger? Let’s find out how!
More Big Machines at Work 🏗️
In April, sales of excavators (those big machines that dig and build things) went up by 17.6% compared to last year. That means more buildings, roads, and projects are happening!
Lots of New Ideas and Startups 🚀
China’s Startup Vitality Index jumped by 36.8% in April! This means many people are starting new businesses and bringing fresh ideas to life. How cool is that?
Shopping and Fun Times 🎁
People are going out more, and offline shopping grew by 25.4%. Even online services increased by 14.2%. It’s like more people are buying their favorite toys and games, both in stores and online!
Building for the Future 🏢
Local governments in China spent more on projects, with bond issuance (kind of like raising money) rising by 84% to help build new things. Also, new project contracts went up by 10% compared to last year.
Innovation is on the Rise 💡
The Tech-Innovator Index increased by 28.9%. This means more cool technology and inventions are being created!
What Does This All Mean?
All these numbers show that China’s economy is strong and growing. Experts say that with good policies and support, this growth will continue. That’s great news for everyone! 🎉
Isn’t it exciting to see how economies work and grow? Maybe one day, you’ll be part of making these numbers even better!
Reference(s):
Leading indicators showcase China's robust economic vitality
cgtn.com
