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rdf:type	schema:NewsArticle
schema:articleBody	China's retail sales grew in November, official data showed Tuesday, as consumers continued their return to spending with the country's Covid-19 outbreak largely brought under control. Retail sales in the world's second-largest economy rose five percent on-year last month, the National Bureau of Statistics (NBS) said. The figure was the same as that predicted by analysts polled by Bloomberg and up from 4.3 percent growth last month on the back of a week-long national holiday in October. NBS spokesman Fu Linghui said at a press briefing that China's economy was seeing a "steady recovery" from the new coronavirus pandemic, which first emerged in central China late last year. But he warned that "given the resurgence of the epidemic, the world economic recovery is facing headwinds with increasing instabilities and uncertainties". Although China has largely brought the coronavirus under control, spending has been slower to recover as the world grapples with the impact of the pandemic, in particular the hospitality industry. Tuesday's data showed that catering sector revenue growth was down by 0.6 percent in November, after turning positive for the first time this year a month earlier. Industrial production growth in November grew slightly to 7 percent, ticking up from 6.9 percent last month. Meanwhile, the urban unemployment rate -- a key concern with a large number of graduates entering the market this year after the pandemic hit -- fell slightly to 5.2 percent in November, the fourth straight month. However, experts have cautioned the figure could be higher due to large numbers of people in China's informal workforce. bys-rox/jah
schema:headline	China's domestic spending continues to grow in November
schema:mentions	Bloomberg L.P. 2019–20 coronavirus outbreak Federal Bureau of Investigation Pandemic China Severe acute respiratory syndrome coronavirus 2 National Bureau of Statistics of China Hospitality industry
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-12-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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