Despite a complex and challenging external environment, the accelerated cultivation of new quality productive forces and further release of trade stabilization policy effects are expected to provide a solid foundation for sustaining export growth through the year.
The recovery phase indicates that severely impacted areas are gradually recovering, while areas less affected by the COVID-19 pandemic are recovering more slowly, leading to a significant divergence across economic sectors.
Profits of China's major industrial firms increased 3.4 percent year on year in the first five months of the year, official data showed June 27.
At the production base of a Dutch company in east China's Jiangxi Province, workers are fully immersed in light-bulb production, while automated guided vehicles move through the aisles carrying products.
Industrial profits of companies above the designated size rose 4.3 percent in first fourth months this year, unchanged from the first quarter, maintaining the steady growth.