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China's GDP grew 4.6% year on year in the first three quarters, official data showed Monday. CGTN anchor Michael Wang explains that the real story isn't "production versus consumption," but how the two reinforce each other: stronger industrial capacity makes goods more affordable and boosts household purchasing power.
China's GDP grew 4.6% year on year in the first three quarters, official data showed Monday. CGTN anchor Michael Wang explains that the real story isn't "production versus consumption," but how the two reinforce each other: stronger industrial capacity makes goods more affordable and boosts household purchasing power.