China's national economy demonstrated a stable and progressive development trend from January to April. The country effectively implemented proactive macroeconomic policies, focusing on stabilizing employment, businesses, markets, and expectations. Industrial production saw a notable increase of 5.6%, driven by faster growth in equipment and high-tech manufacturing. The service sector also expanded steadily, with a 4.9% year-on-year increase in its production index, while retail sales grew by 1.9% and foreign trade surged by 14.9%. AI
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RANK_REASON This is a report on general economic statistics, not a specific AI-related event.