The once-thriving industry has seen a
resurgence in recent years.
这个曾经繁荣的行业近年来又出现了复苏。
After a long period of decline, the local football team experienced a
resurgence to win the championship.
在长期衰落后,当地的足球队重新崛起赢得了冠军。
The popularity of vinyl records has experienced a
resurgence among music enthusiasts.
黑胶唱片在音乐爱好者的中又经历了复兴。
The
resurgence of renewable energy sources is a promising sign for the environment.
可再生能源的复兴对环境来说是一个积极的信号。
There has been a
resurgence of interest in traditional crafts and folk art.
传统工艺和民间艺术的兴趣又有了复苏。
The city's economy showed a
resurgence after the pandemic restrictions were lifted.
疫情限制解除后,这座城市经济复苏了。
The
resurgence of e-commerce has completely transformed the retail landscape.
电子商务的复兴彻底改变了零售业的格局。
The band's music saw a
resurgence in popularity with the release of their new album.
乐队的新专辑发行后,他们的音乐再次受到大众欢迎。
The
resurgence of political activism sparked by social media has brought about significant changes.
社交媒体引发的政治活动复苏带来了显著的变化。
A surge in tourism often precedes a cultural
resurgence in a region.
旅游业的复苏常常预示着一个地区文化的复兴。
China's tire sector experienced a resurgence last year, with sustained strong demand from the automobile industry.
去年,随着汽车行业的持续强劲需求,中国轮胎行业经历了复苏。
"Though the luxury market in China was affected by the COVID-19 resurgence, we expect luxury product shopping by consumers to recover to the pre-COVID-19 levels between the year-end and the first half of next year," said Xing Weiwei, partner of Bain & Co.
贝恩公司合伙人邢伟伟表示:“尽管中国奢侈品市场受到新冠肺炎疫情复苏的影响,但我们预计消费者的奢侈品购物将在年底至明年上半年恢复到新冠肺炎疫情前的水平。”。
During the first six months, the Chinese real estate sector faced stress due to a resurgence of COVID-19 cases in some areas and downward pressure on the economy.
前六个月,由于新冠肺炎病例在一些地区死灰复燃,以及经济下行压力,中国房地产行业面临压力。
Despite the challenges posed by the COVID-19 resurgence, Pinduoduo reported better-than-expected revenue of 31.44 billion yuan ($4.5 billion) during the second quarter, an increase of 36 percent year-on-year, while its net income attributable to ordinary shareholders surged 268 percent year-on-year to 8.9 billion yuan.
尽管新冠肺炎疫情的复苏带来了挑战,但拼多多第二季度的预计收入为314.4亿元人民币(45亿美元),同比增长36%,而其归属于普通股股东的净收入同比增长268%,达到89亿元人民币。
The Chinese real estate sector faced stress in the first half of this year due to a resurgence of COVID-19 cases in some areas and downward pressure on the economy.
今年上半年,由于新冠肺炎病例在一些地区死灰复燃和经济下行压力,中国房地产行业面临压力。
This year has shown that Chinese businesses have demonstrated the importance of building and maintaining a resilient brand, particularly when faced with uncertainty and global challenges, such as retail and supply chain disruptions, inflation, rising energy costs, and the resurgence of COVID-19 restrictions, said the report.
报告称,今年表明,中国企业已经证明了建立和维护一个有韧性的品牌的重要性,尤其是在面临不确定性和全球挑战时,如零售和供应链中断、通货膨胀、能源成本上升以及新冠肺炎限制措施死灰复燃。
"Fintech services revenue growth was slower relative to prior quarters as the COVID-19 resurgence temporarily impacted commercial payment activities in April and May," the company said.
该公司表示:“由于新冠肺炎疫情的复苏暂时影响了4月和5月的商业支付活动,金融科技服务收入增长较前几个季度放缓。”。
Despite the challenges posed by the COVID-19 resurgence, the sales from major online marketplaces have witnessed robust growth, surging 80 percent year-on-year during the January-July period, said Zhu Xiangdong, co-partner and general manager of SnowFlying.
SnowFlying的合伙人兼总经理朱向东表示,尽管新冠肺炎疫情带来了挑战,但主要在线市场的销售额仍保持强劲增长,1月至7月期间同比增长80%。
In late June, with a resurgence of COVID-19 cases in Macao, a number of governments of Chinese mainland cities such as Zhuhai, Guangdong province, implemented measures of 7-day centralized isolation at hotels and 3-day health monitoring at home for all people entering Zhuhai from Macao.
6月下旬,随着新冠肺炎病例在澳门死灰复燃,广东珠海等多个中国内地城市的政府对所有从澳门进入珠海的人实施了7天酒店集中隔离和3天居家健康监测措施。
Despite the challenges posed by the COVID-19 resurgence, Chinese tech heavyweight Alibaba Group Holding Ltd delivered better-than-expected financial results in the April-June period, saying it is determined to continuously invest in technology, customer service and logistics operations for sustainable and long-term growth.
尽管新冠肺炎疫情卷土重来带来了挑战,但中国科技巨头阿里巴巴集团控股有限公司在4月至6月期间实现了优于预期的财务业绩,表示决心继续投资于技术、客户服务和物流运营,以实现可持续和长期增长。
During the June quarter, gross merchandise volume-a measure of the transactions of goods-from Alibaba's core e-commerce business, which refers to its Taobao and Tmall platforms, experienced a mid-single-digit percentage decline year-on-year mainly due to a COVID-19 resurgence that resulted in supply chain and logistics disruptions in April and most of May.
6月季度,阿里巴巴核心电子商务业务(即淘宝和天猫平台)的商品交易总额同比下降了个位数,主要是由于新冠肺炎疫情的再次爆发,导致4月和5月大部分时间的供应链和物流中断。
The gross merchandise volume from its core e-commerce business, which refers to its Taobao and Tmall platforms, declined by mid-single digits from a year earlier mainly due to a COVID-19 resurgence and restrictions that resulted in supply chain and logistics disruptions in April and most of May.
其核心电子商务业务(指其淘宝和天猫平台)的商品总量同比下降了个位数,主要是由于新冠肺炎疫情卷土重来,以及限制措施导致4月和5月大部分时间供应链和物流中断。
"Despite the impact of the COVID-19 resurgence in the first half, Lego China has opened 50 new stores so far this year.
“尽管新冠肺炎疫情在上半年卷土重来,但乐高中国今年迄今已开设50家新店。
Mo Daiqing, a senior analyst at the Internet Economy Institute, a domestic consultancy, said the COVID-19 resurgence weighed on the consumer finance sector in the first quarter, along with strengthened regulations on internet finance platforms.
国内咨询公司互联网经济研究所高级分析师莫代青表示,新冠肺炎疫情的复苏给第一季度的消费金融行业带来了压力,同时加强了对互联网金融平台的监管。
"Although the resurgence of the COVID-19 pandemic had an impact on international logistics in the first half, the most difficult period has passed and the global logistics segment is gradually recovering in the second quarter," Li said.
李表示:“尽管新冠肺炎疫情的复苏在上半年对国际物流产生了影响,但最困难的时期已经过去,全球物流部门在第二季度正在逐步复苏。”。
"However, after the slowdown, we are seeing a resurgence in the city, bringing a lot of hope to the hotel business.
“然而,在经济放缓之后,我们看到这座城市的复苏,给酒店业带来了很大的希望。
Entertainment and tourist sites in Shanghai are gradually reopening gates following a two-month closure due to the recent COVID-19 resurgence, signaling the city's business activities are steadily moving back on track.
由于最近新冠肺炎疫情再次爆发,上海的娱乐和旅游场所在关闭两个月后,正在逐步重新开放大门,这表明该市的商业活动正在稳步回到正轨。
Beijing has called for more supportive measures from bailing out small businesses to extending merchant subsidies to ramping up consumption as the resurgence of COVID outbreaks across the country since March weighed on consumption outlook.
自3月份以来,新冠肺炎疫情在全国范围内死灰复燃,影响了消费前景,北京呼吁采取更多支持措施,从救助小企业到延长商家补贴,再到增加消费。
"Since mid-March, our business has been negatively impacted by the recent COVID-19 resurgence inxa0China.
“自3月中旬以来,我们的业务受到了最近新冠肺炎在中国卷土重来的负面影响。
With the recent resurgence of local COVID-19 cases, domestic air travel demand has been sluggish over the past few months, and a large number of flights were canceled due to low passenger load factors.
随着最近当地新冠肺炎病例的回升,国内航空旅行需求在过去几个月一直低迷,大量航班因载客率低而取消。
"JD's robust supply chain capabilities and technology-driven operating efficiency underpinned our solid performance during the quarter as we continued to deliver healthy growth amidst a challenging external environment," said Xu Lei, CEO of JD, adding they are actively leveraging core competences to support local communities and enterprises in regions affected by the latest resurgence of domestic COVID-19 cases.
京东首席执行官徐磊表示:“京东强大的供应链能力和技术驱动的运营效率支撑了我们在本季度的稳健业绩,因为我们在充满挑战的外部环境中继续实现健康增长。”,补充说,他们正在积极利用核心能力,支持受国内新冠肺炎病例最新死灰复燃影响地区的当地社区和企业。
During thexa0COVID-19 pandemic resurgence in cities including Shenzhen, Shanghai and Beijing, Dada has been actively involved in pandemic support initiatives to ensure the supply and delivery of daily necessities.
在新冠肺炎疫情在深圳、上海和北京等城市死灰复燃期间,达达一直积极参与疫情支持举措,以确保日常必需品的供应和交付。
"China's GDP grew 4.8 percent year-on-year in the first quarter, which, Zhang said, is "better than market consensus," despite the resurgence of COVID-19 and the Russia-Ukraine conflict.
张说,尽管新冠肺炎和俄乌冲突死灰复燃,但中国第一季度GDP同比增长4.8%,这“好于市场共识”。
China Eastern Airlines plans to raise 15 billion yuan ($2.2 billion) through nonpublic issuance of shares to purchase 38 new aircraft and replenish liquidity amid the recent resurgence of local COVID-19 cases.
中国东方航空公司计划通过非公开发行股票筹集150亿元人民币(22亿美元),以购买38架新飞机,并在最近当地新冠肺炎病例再次出现的情况下补充流动性。
In light of the current hurdles in overland transportation caused by the local resurgence, Cainiao said it will help fleets obtain transportation permission and provide water transport in place of land transportation under certain circumstances.
鉴于目前当地经济复苏造成的陆路运输障碍,菜鸟表示,它将帮助车队获得运输许可,并在某些情况下提供水路运输代替陆路运输。
Last year, over 19,000 Shaxian Delicacies stores suspended business due to COVID-19 resurgence while only 6,928 new stores specialized in this type of cuisine opened for business, according to Meituan.
据美团统计,去年,由于新冠肺炎疫情再次爆发,超过1.9万家沙县美食店暂停营业,而只有6928家新开的此类美食店开业。
Despite the impact of the COVID-19 resurgence in Shanghai, more than 4,000 workers at a factory of SAIC Motor, a Chinese automaker have resumed work while being shielded from the virus.
尽管受到新冠肺炎在上海卷土重来的影响,但中国汽车制造商上汽集团的一家工厂的4000多名工人在免受病毒感染的情况下已恢复工作。
Seventy percent of Shanghai's 666 major enterprises have resumed production amid the COVID-19 resurgence, vice-mayor Zhang Wei said on April 22.
副市长张伟4月22日表示,在新冠肺炎疫情卷土重来之际,上海666家主要企业中有70%已恢复生产。
Facing the resurgence of the COVID-19 outbreak in Shanghai, State-owned medical enterprises are sparing no efforts to help the metropolis' residents get back on track to normal life as soon as possible.
面对新冠肺炎疫情在上海死灰复燃,国有医疗企业正不遗余力地帮助这座大都市的居民尽快恢复正常生活。
The company said in a reply to China Daily that the resurgence of COVID-19 pandemic in Zhengzhou has no impact on its production capacities.
该公司在回复《中国日报》时表示,新冠肺炎疫情在郑州卷土重来对其生产能力没有影响。
Chen Juhong, vice-president of Tencent Holdings Ltd, said the company supports the long-term andxa0systematicxa0capacity building in the country's public healthxa0field, especially given the recent resurgence of the COVID-19 pandemic.
腾讯控股有限公司副总裁陈菊红表示,该公司支持国家公共卫生领域的长期和系统能力建设,特别是考虑到最近新冠肺炎疫情的卷土重来。
Supported by 7,000 employees, BEST's global business continued its growth momentum with parcel volume in Southeast Asia increasing 140.7 percent year-over-year in the second quarter, bucking the resurgence of the COVID-19 pandemic in the region, said its fiscal report released in August.
BEST 8月发布的财务报告称,在7000名员工的支持下,BEST的全球业务继续保持增长势头,第二季度东南亚包裹量同比增长140.7%,与该地区新冠肺炎疫情的复苏相反。
As many countries are building economic development zones and service hubs amid the global fight against the resurgence of COVID-19, building sound infrastructure and agriculture-related projects such as ports, power stations and grain processing plants will help host countries in Africa create jobs and commercial opportunities while also improving people's living standards, said Wei Xiaoquan, a researcher specializing in regional economic development at the University of International Business and Economics in Beijing.
在全球共同抗击新冠疫情反弹之际,许多国家正在建设经济开发区和服务枢纽。北京对外经济贸易大学区域经济发展研究员魏晓泉表示,建设良好的基础设施和农业相关项目,比如港口、电站和粮食加工厂,将有助于非洲东道国创造就业和商业机会,同时也有助于改善民众生活水平。
Despite the resurgence of the COVID-19 pandemic in certain countries, the company saw the value of newly signed contracts worth 12.24 billion yuan in the first half.
尽管新冠肺炎疫情在一些国家出现反弹,但公司上半年新签合同额达1224亿元。尽管疫情在某些国家重新抬头,公司在上半年仍然签署了价值122.4亿元人民币的新合同。为了保持语句通顺,可能需要稍微调整原文的数字描述,“12.24 billion yuan”更常见的中文表达为“1224亿元”,而不是“122.4亿元”。因此,我推荐采用第一种翻译。这样翻译更符合中文的表达习惯。希望这能帮到你!如果有其他问题或需要进一步的帮助,请随时告诉我。
Outlook for the fourth-quarter earnings is blurred by the COVID-19 resurgence in Europe and in the United States.
Instead, they decided to gamble on the resurgence of the music industry, led by ad-based and subscription music streaming portals.
Advances in payments and insurance fields driving resurgence, says reportChinese fintech companies took four of the top 10 spots in the 2018 Fintech100 report, and three of the top five, as Chinese incumbents continue to build scale with a heavy emphasis on payments and insurance.
The US Chamber of Commerce pointed out that the move will hit American consumers and businesses - including manufacturers, farmers, and technology companies - with higher costs on commonly used products and materials, and as a result, it stands to slow the recent economic resurgence in the United States.
The escalation of the situation in the Red Sea region will impact shipping between Asia and Europe in the first quarter, leading to concerns about the possibility of a resurgence in container shortages, said Chen Zhen, an analyst at the research institute of Founder CIFCO Futures, which has 36 branches across China.
Traditional consumption areas such as vehicles and electronics are also expected to see a resurgence as a stabilizing economy boosts people's incomes and expectations, he said, adding that policy initiatives would also promote the recovery.
China's economic resurgence is coupled with robust advancements in high-quality development, with improvements in constructing a modern industrial system and breakthroughs in technological innovation, Yang added.
Since the beginning of this year, there has been a resurgence in demand for stuffed toys in overseas markets, said Yang Yaqin, the company's sales manager.
"The delayed impact of aggressive interest rate hikes by central banks in Europe and the US could potentially dampen the outlook for global demand," he said, adding that the resurgence of trade protectionism and the impact of volatility in global financial markets further contribute to the challenges facing China's foreign trade.
Since the start of this year, the Chinese economy has begun to recover, as reflected by a resurgence in some fields and the rise of some key economic indicators, thereby showing great resilience and potential.
John Denton, secretary general of the International Chamber of Commerce, said that trade is a powerful driver of economic growth, but "in recent years, we see the resurgence in trade-restricting measures across certain parts of the world".
Jiang Yongmei, director of culture and tourism bureau of Qinhuai District, said that the resurgence of cultural tourism consumption, exemplified by the Fuzimiao-Qinhuai scenic belt, indicates that China's cultural tourism industry is still vibrant and resilient.
By leveraging their collective strengths, these influential emerging economies can shape a more robust global economic resurgence, they said.
The economic aggregates of 20 regions each exceeded one trillion yuan (about 140 billion U. S. dollars), indicating the robust resurgence and swift recovery of the economy.
There are five takeaways regarding the economic situation this year — China will once again lead the world in terms of economic recovery; the real estate market is witnessing some green shoots of resurgence; the stock market is expected to witness a structural bull market; the country will maintain an accommodative monetary policy; the US Federal Reserve will likely pause rate hikes and will start cutting interest rates going forward.
The resurgence in consumer demand can drive the recovery of industrial production and business operation, and further promote China's economic growth," Fu said.
Analysts said the government's continuous efforts to stabilize the economy, including tax cuts, fee reductions, consumption stimulation packages, measures to support the private sector and the resurgence of the exhibition economy, have contributed to the increase in business confidence among SMEs.
In 2022, nearly 60 million yuan ($8.85 million) in financial support was given to exhibition enterprises in Guangzhou, which organized about 200 exhibition events, against headwinds including lowered demand in the international market and the COVID-19 resurgence.
Although this year will see a recession in some of the world's top economies, China's counter-cyclical resurgence has created investment opportunities.
China reported steady economic growth in 2022 despite pressures, including the resurgence of COVID-19 and a complicated external environment, with its gross domestic product reaching new highs.
"Due to the epidemic resurgence, small and medium-sized enterprises faced greater difficulties in 2022, making it harder for key groups, especially young people, to land jobs," Kang said.
The hard-won achievement was made against the backdrop of economic slowdown, epidemic resurgence, and a complex and fluid external environment, Wang noted, attributing it to effective policies to support economic growth, help businesses, promote entrepreneurship, assist key groups including migrant workers, and strengthen training and services for job seekers.
"Meanwhile, Louise Loo, senior economist at British think tank Oxford Economics, said the latest economic data actualized some of the downside risk as a result of the COVID resurgence and uncertainties, adding that "troubles in the real estate sector as well as strong external headwinds remain meaningful drags on the economy".
"However, private investment waned due to the evolving global situation, the resurgence of COVID-19 in some cities and the country's lethargic property market.
Dong Zhongyun, chief economist of AVIC Securities, said the country’s consumption recovery has been facing pressure since October due to the resurgence of COVID-19.
Despite the positive signals, Zhu still cautioned against challenges, including the domestic COVID-19 resurgence and risks of a global economic recession.
Many experts agree that the deepening of the opening-up policy has not slackened in spite of the resurgence of COVID-19 cases this year.
China's economy is now at a critical juncture as its growth rate has decelerated amid a domestic resurgence of COVID-19 cases.
As the COVID-19 resurgence is being contained in most Chinese cities, local governments are making the decision to promote business and consumption at night in a bid to capture opportunities at sundown.
Offline retail demonstrates its strong resilience despite the huge pressure on physical retail by the repeated resurgence of the pandemic, according to a report by the global measurement and data analysis company NielsenIQ.
Due to the resurgence of COVID-19 cases in China, ASEAN's capability to replace China in global export markets increased temporarily.
Unaffected by the COVID-19 resurgence, which hit Shanghai earlier this year, or the multiple uncertainties brought about by geopolitical issues, the amount of foreign capital injected into Shanghai's Lin-gang Special Area in the first six months surged 263.3 percent year-on-year to nearly $1.2 billion.
Affected by the epidemic resurgence, Shanghai's total sales of consumer goods contracted 16.1 percent year-on-year to 759 billion yuan during the first half of this year, the municipal bureau of statistics said on July 18.
In the first quarter, China's luxury market witnessed strong growth, but business in the second quarter was affected by the resurgence of local COVID-19 cases.
The sector quickly turned positive only one month after the COVID-19 resurgence, while in contrast, it took the sector almost six months after the hit of the virus in 2020 to turn positive.
In the first quarter, China's luxury market remained strong growth, but the business performance of the sector in the second quarter was affected by the resurgence of local COVID-19 cases.
Facing "shrinking demand, supply shocks, and weakening expectations" as well as the impact of the resurgence of COVID-19 cases, China has not been easy to see its economic growth has performed the way it did; and generally speaking, the Chinese economy has stabilized with upward momentum.
If there is no resurgence of the COVID-19 pandemic in China during the second half, the force pressuring Chinese economic growth will be smaller than that in the first half.
The industrial added value dropped 15.3 percent on a yearly basis in the first six months, largely due to the COVID-19 resurgence starting from late April to early June, and a strong base supported by the fast-growing vaccine production output in the same period last year.
Although the resurgence of the COVID-19 pandemic earlier this year has posed certain problems for the port's business, the number of foreign trade ships has continuously reached peaks in recent months, said Chen.
SHANGHAI-Located in southeast Shanghai, US carmaker Tesla's Shanghai Gigafactory is bustling with production activity after it returned to full production capacity in early June following a disruption due to a COVID-19 resurgence.
Surging raw material costs, geopolitical tensions, softer global demand and domestic resurgence of COVID-19 cases are all posing unprecedented challenges at the same time.
原材料成本飙升、地缘政治紧张局势加剧、全球需求疲软以及国内COVID-19病例卷土重来,这些因素在同一时期带来了前所未有的挑战。
These apartments can meet demands of single white-collar workers living alone, and also take care of the actual living needs of second-child families in need of large spaces, said Huang Wei, project manager of the company's Beijing branch, adding that his team conducted a one-month-long closed-loop management operation when Beijing experienced a resurgence of COVID-19 cases in May to ensure work progress.
Despite weakening economic activity since March due to a resurgence in domestic COVID-19 cases and changes in the international environment, China is likely to register positive growth in the second quarter and the economy will rebound in the following months with a package of stimulus measures fully taking effect.
Some believe that the decline in both China's export growth in some months and its share of exports in the US market are proof of the transfer of orders to Vietnam, and the recent disruption of exports from the domestic resurgence of COVID-19 has exacerbated market concerns on the issue.
They added that the nearly three-week-long e-commerce extravaganza has stimulated consumers' purchasing appetites and helped shore up the economy despite the challenges from the resurgence of domestic COVID-19 cases and changes in the external environment.
他们补充说,这场持续近三周的电商盛宴激发了消费者的购买欲望,并在应对国内COVID-19病例复燃和外部环境变化带来的挑战中,对提振经济起到了积极作用。
Experts also warned that the COVID-19 resurgence has caused supply chain disruptions and logistics congestion, thus affecting consumers' online consumption habits, as they tend to choose e-commerce platforms that ensure commodities are delivered on time.
As the new COVID-19 cases in the Chinese capital dropped to a single-digit over the weekend, Beijing's subway resumed full operation on Sunday, a sign believed by business owners that the resurgence is brought under control, and the hard time will soon be over.
The renovation market took a hit as most indoor decorations have been on and off since the epidemic resurgence in April.
The enthusiasm of Chinese consumers was again visible during the June 18 shopping carnival, and this has played a critical role in promoting the recovery of consumption and shoring up the economy despite pressure from a resurgence in domestic COVID-19 cases and an uncertain external environment, industry experts said.
Liu emphasized that although the resurgence of the pandemic had an impact on consumption, the June 18 shopping festival injected vitality into the nation's consumer market and unleashed people's purchasing power.
Amid headwinds, Jan-May data up 17% y-o-y on resilience, growth hopesChina's huge economy, its bright prospects and the government's unwavering efforts to open the domestic market wider to the rest of the world make the country increasingly attractive to foreign investors, despite the impact of COVID-19 resurgence and rising protectionism in some countries, experts and business leaders said on Tuesday.
"Nie Pingxiang, deputy director of the Service Trade Institute, which is part of the CAITEC, said the sustained rise in China's actual use of foreign capital is attributable to economic resilience and promising growth potential despite the resurgence of COVID-19 cases.
Although the geopolitical conflicts and COVID-19 resurgence have added downward pressure on the industrial economy, the impacts would be temporary, Xin noted.
"Due to weak demand, supply disruptions in China since early March as a result of the resurgence of COVID-19 have not led to a rapid rise in domestic inflation," Lu added.
"The strong foreign trade performance in May was mostly attributable to reining in the resurgence of domestic COVID-19 cases, which enabled improvements in logistics and an acceleration of product production and shipments," said Gao Lingyun, director of the international investment division of the Chinese Academy of Social Sciences' Institute of World Economics and Politics.
Analysts said the resurgence of domestic COVID-19 cases in some key manufacturing and export hubs such as Shanghai and Shenzhen in Guangdong province since March has affected the growth momentum of foreign trade in April and May.
Their remarks were issued as China's economy has been severely affected by a resurgence in domestic COVID-19 cases and changes in the global environment after a strong start in 2022.
In April alone, retail sales declined 11.1 percent year-on-year to 2.95 trillion yuan mainly due to the resurgence of domestic COVID-19 cases.
Policy necessary for global trade, supply chains, experts sayAfter working from home for a month due to a resurgence of COVID-19 cases, Beijing resident Qi Xinxin has had some good news-his new car will arrive soon, with the manufacturing plant accelerating production in Shanghai.
Qi is just one of the countless city residents whose lives have been impacted by the resurgence of the disease, which has also disrupted the economy.
Shanghai, for instance, handled an above-average daily total of 11 million express delivery packages on June 1, the first day of its return to normal production and life after two months of closed-off management to contain the COVID-19 resurgence.
Container throughput achieves record in April despite COVID-19 resurgenceDespite the COVID-19 resurgence in many cities of the country in April, Ningbo Zhoushan Port in Zhejiang province has ensured smooth operation of the logistics chain.
尽管4月份国内多个城市出现了新冠疫情反弹,但浙江省宁波舟山港仍确保了物流链的顺畅运行,实现了集装箱吞吐量的历史新高。
Given that consumption has been hit hard by the resurgence of domestic COVID-19 cases, more supportive policies should boost employment, increase household incomes and enhance their purchasing power in order to further unleash consumption potential and stabilize economic growth, they said.
It comes amid growing downward pressure on the world's second-largest economy exerted by difficulties and challenges from unexpected factors, such as the domestic resurgence of COVID-19 cases and geopolitical tensions in Europe.
China's sound economic recovery momentum has been hampered by multiple shocks that were not expected and a resurgence of COVID-19 cases since late March, Liu said.
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