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| China's economy continued the recovery trend in May amid a steady rebound in demand, the National Bureau of Statistics said on Monday. |
| China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 5.6 percent in May from a year earlier after 6.7 percent in April, figures released by the NBS showed. |
| Retail sales, a key measurement of consumer spending, rose 3.7 percent year-on-year in May versus the 2.3 percent rise in April. |
| Fixed-asset investment - a gauge of expenditures on items including infrastructure, property, machinery and equipment - increased by 4 percent in the January-May period year-on-year, while it grew 4.2 percent in the January-April period. |
| The surveyed urban jobless rate came in at 5 percent in May, flat with the figure in April, according to the NBS. |
| The NBS said the Chinese economy grew steadily in May with improvement in key indicators and new growth drivers gaining momentum. |
| Meanwhile, the bureau warned of pressures from a lack of effective domestic demand and a more complicated and grimmer external environment, calling for further moves to better implement existing macro policies, foster new quality productive forces and consolidate the economic recovery trend. |
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