Beijing | China’s economic growth was buoyed by strength in factory output and investment at the start of the year, while a revival in consumption continues to show more muted progress.
Industrial output rose 7 per cent in January and February from the same period a year earlier, the National Bureau of Statistics said on Monday, much faster than economist estimates. Growth in fixed-asset investment accelerated to 4.2 per cent, also stronger than forecasts. Retail sales increased 5.5 per cent, roughly in line with projections.
