China’s trade surplus last year was nearly $1 trillion, but strong exports were partly due to weak domestic consumption. Beijing has taken a number of measures to stabilize the economy, including raising salaries for civil servants and allowing local governments to issue more bonds.
Adek Berry/Agence France-Presse — Getty Images
China’s economy grew 5% last year despite a prolonged slump in the construction industry, the National Bureau of Statistics reported on Friday.