Key April Chinese Economic Data Are Released, Including Real Estate Investment, Industrial Added Value and Consumer Goods Retail Sales

Published: May 16, 2023 16:58

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China's total retail sales of consumer goods in April increased by 18.4% year-on-year, compared with 10.6% in March.

China's April industrial added value increased by 5.6% year-on-year, compared with 3.0% in March.

From January to April, China's urban fixed asset investment increased by 4.7% year-on-year, compared with 5.1% in January-March.

The National Bureau of Statistics: From January to April, the national real estate development investment was 3.55 trillion yuan, a year-on-year decrease of 6.2%; among them, residential investment was 2.71 trillion yuan, a decrease of 4.9%.

Macro economy

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