Services sector shores up economic recovery


Customers shop clothes at a stall inside a wholesale market in Beijing, China September 8, 2023. REUTERS/Tingshu Wang

BEIJING: From cinemas to restaurants, China’s service sector has bounced back this year from a pandemic-induced downturn and is playing a great role in sustaining the economy’s broader recovery.

The country’s service production index rose 6.8% year-on-year (y-o-y) in August, increasing from 5.7% in the previous month, said the National Bureau of Statistics (NBS).

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China , retail sales , GDP , services sector

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