Beijing: China's value-added industrial output grew by 5.4 percent year-on-year during the first five months of 2026, as per official data released today.
According to Emirates News Agency, home prices in China's four first-tier cities-Beijing, Shanghai, Guangzhou, and Shenzhen-experienced an increase in May compared to the previous month. This rise in property values aligns with other economic indicators showing positive trends.
Additionally, China's total retail sales of goods and services, a key measure of the country's consumption strength, rose by 2.8 percent year-on-year in the same period. This data highlights a continued recovery in consumer spending and economic activity across the nation.