- In April 2021, the retail sales increase surpassed the expectation of 17.7% from last year’s.
- The overall unemployment rates in cities dropped to 5%.
- For youths aged between 16 and 24 years, the unemployment rate fell to 13.8%.
- Industrial productivity increased to 8.8% in May from last year, less than the 9% growth forecast by analysts.
China’s recovery from the coronavirus pandemic has been lagged by low consumer spending.
CSI 300 is down 1.67%, USDCNY is down 0.10%.