May commodity data shows economy on mend

By Xinhua News Agency

Jun 08, 2022 12:13 am

BEIJING: China's economic engine is stirring to life again after a decisive and strong state response reined in coronavirus flare-ups in the country.

This was suggested by China's latest commodity index data, which showed improvements in both factory production and market demand. This indicated that timely and targeted state policy support allowed the economy to slowly recover from Covid-19's impact.

This May 17, 2022 file photo shows the Shanghai Yangshan Deep Water Port. XINHUA PHOTO

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