China's economic performance remained robust across demand and supply fronts in the Jan-April period, said China's National Development and Reform Commission (NDRC) spokeswoman Li Chao on Tuesday.
From January to April, retail sales surged to 16.2 trillion yuan (more than 2.2 trillion U.S. dollars) , up 4.7 percent year on year, outpacing last year's growth by 1.2 percentage points.
Live-streaming sales and instant delivery services fueled a 5.8 percent rise in online retail sales in the first four months.
Despite external pressures, in April alone, lithium batteries and new energy vehicles export soared over 44 percent and 25 percent, respectively.
High-tech manufacturing also surged last month, with a near 200 percent spike in server production and a 51.5 percent increase in industrial robot output. The IT sector remained vibrant, signaling rapid growth in new quality productive forces.
Authorities acknowledged persistent external uncertainties, but emphasized upcoming measures to stabilize employment and the economy, with most policies set to take effect by late June.
"We are accelerating the rollout of measures to stabilize employment and economy to promote high-quality development. Currently, relevant departments are working to implement these policies, with most expected to take effect by the end of June. Additionally, we will maintain a regular, open-ended approach to policy advanced research and reserve, continuously improving the policy toolkit for stabilizing employment and economy to ensure timely introduction and implementation when needed," Li said at a press conference.
China's economy shows resilience, with steady growth in April: NDRC
