2025-09-15
52 分钟Hello and welcome to World Today, I'm Zhao Ying.
Coming up, China's economic performance held steady in August despite headwinds and uncertainties.
What can we learn from the latest figures?
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China has released its latest economic indicators for August.
Official data show retail sales, a key measure of consumer spending, rose 3.4% year-on-year.
Industrial output grew by 5.2% in the same month, pointing to steady momentum in manufacturing.
Meanwhile, the average surveyed urban employment rate stood at 5.3%,
and fixed asset investment increased 0.5% in the first eight months of the year.
by Dr. Yao Shu Jie, Chang Kong professor of economics at Chongqing University.
How would you characterize China's overall economic performance in August?
I think the economic development momentum is still very robust,
especially the manufacturing and also the consumer demand.
These two major sectors, the growth is still very steady.
but there are some illegal risks and also some weakness, particularly the overall investment.
The housing investment is still significantly negative.
And other investments, although they are in the very strong,