/ world today news/ At the moment, China is in the process of economic recovery and it is normal for instability to appear in some areas. However, there are prospects for the stable development of the economy, said Meng Wei, spokeswoman for the State Development and Reform Commission.
She said that in order to understand the economic situation, a good knowledge of the current situation and recognition of development trends is necessary. Overall, China’s economy is recovering. The service sector continues to expand. In the month of May, the business index outside industrial production was relatively high, reaching 54.5%. Consumption in the restaurant industry and tourism has seen tangible progress. Investments in movable property increased, being in the first five months 4.0% more on an annual basis, and those in industrial production and infrastructure were 6.0% and 7.5% higher, respectively.
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