China's retail business index surpasses 50 in April, up 0.3 points from previous month - Chinese media

On the 6th, the China Federation of Commerce announced the China Retail Business Index for April. According to the published data, the China Retail Business Index for April increased by 0.3 points from the previous month to 50.5, indicating economic expansion.
The index for commercial property management rose 0.2 points to 50.1, returning to the expansion zone. The index for leasing management rose 1.3 points to 52.
7. The e-commerce management index remained stable at 50.1. In mid-March, the General Office of the Communist Party of China Central Committee and the General Office of the State Council issued the "Special Action Plan for Promoting Consumption," aiming to improve consumption capacity and optimize the consumption environment.
The government announced a series of important measures, including optimizing the supply chain, encouraging consumer confidence, and lifting restrictions. In response, the retail industry said, "Policy dividends will be continuously increased, and consumer demand will be gradually stimulated."
He expressed an optimistic outlook for the market. However, due to the impact of tariff hikes and policy opposition from other countries, China's retail industry also needs to make structural adjustments and there are still uncertainties about its development.