China’s Ministry of Agriculture and Rural Affairs said at a July 24 briefing that 1H primary industry fixed-asset investment was 460 bln yuan, up 0.9% YoY, and primary industry value added rose 3.7% YoY. Rural retail sales of consumer goods reached 3.32 tln yuan in 1H, up 2.5% YoY and 1.3 percentage points faster than urban growth, highlighting rural consumption resilience. Agricultural imports and exports totaled $163.8 bln in 1H, up 10.8% YoY. The ministry said rural investment and consumption

China’s Ministry of Agriculture and Rural Affairs said at a July 24 briefing that 1H primary industry fixed-asset investment was 460 bln yuan, up 0.9% YoY, and primary industry value added rose 3.7% YoY. Rural retail sales of consumer goods reached 3.32 tln yuan in 1H, up 2.5% YoY and 1.3 percentage points faster than urban growth, highlighting rural consumption resilience. Agricultural imports and exports totaled $163.8 bln in 1H, up 10.8% YoY. The ministry said rural investment and consumption continued steady growth, supporting domestic demand.