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Customers shop for vegetables at a supermarket in Zunhua City, north China’s Hebei Province, June 9, 2025. (Photo by Liu Mancang/Xinhua) BEIJING, June 13 (Xinhua) — China’s value-added tax (VAT) invoice data released by the State Taxation Administration on Friday indicates that the Chinese economy had remained on a stable footing in May…
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China’s VAT data reflects steady economic growth in May
Customers shop for vegetables at a supermarket in Zunhua City, north China’s Hebei Province, June 9, 2025. (Photo by Liu Mancang/Xinhua) BEIJING, June 13 (Xinhua) — China’s value-added tax (VAT) invoice data released by the State Taxation Administration on Friday indicates that the Chinese economy had remained on a stable footing in May…