China NBS spokesman (more): Foreign trade overcame difficulties, maintained steady growth

China National Bureau of Statistics (NBS) spokesman:

• We need to recognize that the internal driving force for investment growth is ‘obviously insufficient’
• We need to improve the efficiency of investment and continue to optimize the structure of investment
• Foreign trade overcame difficulties and maintained steady growth in April, demonstrated strong resilience and international competitiveness
• The reduction of tariffs by China and the United States in the next stage is conducive to the growth of bilateral trade and the recovery of the world economy
• Against increased external shocks, China’s foreign trade has been able to withstand pressure and continue to grow

Earlier:

China Stats spokesman: contribution of consumption to eco growth will continue to increase

• China Industrial Output April 2025 +6.1% y/y (expected 5.5%, prior +7.7%)
• Chinese officials say the economy is growing steadily in the face of pressure

This article was written by Eamonn Sheridan at www.forexlive.com.