China’s industrial production, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 7.5 per cent, up from 4.3 per cent growth in December. Photo: AFP
China’s industrial production, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 7.5 per cent, up from 4.3 per cent growth in December. Photo: AFP
China's economic recovery
Economy /  Economic Indicators

China’s economic recovery ‘better than expected’, but coronavirus outbreak, Ukraine crisis impact looms

  • Retail sales grew by 6.7 per cent in the combined figures for January and February, while industrial production grew by 7.5 per cent from a year earlier
  • Last week, Premier Li Keqiang confirmed China has economic growth target of ‘around 5.5 per cent’ for 2022 after the economy grew by 8.1 per cent last year

Andrew MullenFrank Tang
Andrew Mullen and Frank Tang in Beijing

Updated: 7:23pm, 15 Mar, 2022

Why you can trust SCMP
China’s industrial production, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 7.5 per cent, up from 4.3 per cent growth in December. Photo: AFP
China’s industrial production, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 7.5 per cent, up from 4.3 per cent growth in December. Photo: AFP
READ FULL ARTICLE