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China's economy: Fresh data suggest stable recovery
03:01

Fresh data from China's Bureau of Statistics suggest a stable economic recovery. Industrial production grew nearly 10 percent in April from a year ago. Retail sales rose over 17 percent. Figures from sectors such as transportation, hospitality and F&B saw a rise from March. Fixed asset investments increased nearly 20 percent in the first four months from the same period a year earlier. Employment from January to April also increased. For more insights, CGTN's Global Watch spoke to Qu Qiang from Renmin University's International Monetary Institute. Qu believed that China's economy is in a good cycle, and we're going to see more investments coming up.

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