China's National Bureau of Statistics on Tuesday released economic data for July, indicating slower growth in retail sales, investment and industrial output. However, strong performances were witnessed in strategic emerging industries, including new energy vehicles and solar cells. In recent years, China's high-tech and strategic emerging industries have experienced robust growth, boosting the country's high-quality economic development and its competitiveness in global industrial and supply chains. In this episode of BizBeat, CGTN's Hou Jing explains.