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China's economy is showing signs of resilience and recovery while the global economy is seriously hit by the COVID-19 pandemic, a senior official from the United Nations said. Liu Zhenmin, UN undersecretary-general for economic and social affairs, also called for synchronous economic recovery among countries supported by international coordination.
China's homegrown brands are stepping up efforts to enhance their brand image and improve the quality of products and services as part of concerted efforts to boost domestic demand and stimulate consumption from the impact of the COVID-19.
China's cinemas may be fearing bankruptcy due to protracted COVID-19-related lockdown restrictions, but businesses offering online entertainment are upbeat about the future.
China's exports will maintain a mild growth rate while the growth in infrastructure investment will continue to be robust, while social retail sales may see a steady rebound, economists at UBS Securities said in a research note. They forecast that China's GDP growth in the third and fourth quarters will bounce back to between 5.5 percent to 6 percent.
China's mobile phone shipments fell 36.4 percent year-on-year to 48.95 million units during the first three months, according to the China Academy of Information and Communications Technology.
来源：资阳报