Name: JLL China Head of Research: Service-led CPI signals economic upgrade
Uploaded: 2026-06-10T21:34:19+08:00
Duration: 4 min 18 s
Description: China's consumer inflation rose 1.2% year on year in May, with sectors including tourism and healthcare showing robust growth. In a live interview with CGTN's Global Business, Daniel Yao, Head of Research at JLL China, offered his analysis of the latest

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04:19

China's consumer inflation rose 1.2% year on year in May, with sectors including tourism and healthcare showing robust growth. In a live interview with CGTN's Global Business, Daniel Yao, Head of Research at JLL China, offered his analysis of the latest inflation figures. He noted that as service consumption outpaces goods, policymakers now see this structural trend - not a short-term spike - as a lasting driver of China's economic upgrade.

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