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China's factory and service sector activities expanded in June as the economy continued to recover from the shocks generated by the COVID-19 pandemic, data from the National Bureau of Statistics showed on Tuesday, the last day of the first half of the year.
China's e-commerce giant Alibaba said on Monday that Singles Day sales on its online shopping platforms this year reached a record 213.5 billion yuan (.7 billion), which represented an increase of about 27 percent from 2017.
China's industrial output is expected to rise by around 6.5 percent this year, marking the best performance since 2010, as the Made in China 2025 strategy helps to boost productivity and revenue growth.
China's factory activity remained robust in February after the Caixin/Markit Manufacturing Purchasing Managers' Index rose to 49.9 from 48.3 in January, a three-month high indicating an easing of the downside growth pressures.
China's move from export-driven growth to promoting the integration of the domestic and overseas markets reflects the country's shift to nurturing new edges in global competitiveness and fostering high-quality development despite the headwinds it faces, experts and business executives said on Wednesday.
来源：资阳报