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China's progress in economic resumption on Sept 4
Updated: September 4, 2020 19:13 Xinhua

BEIJING — China's success in controlling COVID-19 means the economy is in a steady revival mode. The following facts and figures indicate how the country is forging ahead in resuming work and production:

— China's rail freight transport volume, a broad indicator of economic activity, rose 7.3 percent year-on-year in August, according to the China Railway Corporation.

Railways carried 308 million tons of freight last month, 21.02 million tons more than the previous year, data from the company showed.

During the period, revenue from rail freight transport grew 4.2 percent year-on-year to 34.4 billion yuan (about $5.03 billion).

The company said it will improve transportation efficiency and service quality to cope with the new pattern of domestic and external dual circulation.

— Sino-Japanese economic and trade cooperation has shown strong resilience since the COVID-19 pandemic, the Ministry of Commerce said on Sept 3.

Bilateral trade between China and Japan dropped by 2.2 percent in the first seven months compared to the same period last year, and the year-on-year decrease rate narrowed by 0.7 percentage points from that in the first six months, Gao Feng, spokesperson for the ministry, told a press conference.

The monthly import and export volume has resumed the growth trend since March, he said.

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