Economics | 15 July 2024 CCBI SECURITIES | RESEARCH China Economics Update: 2Q growth eased in the slow recovery 中国经济评论: 二季度复苏步伐放缓 The 2Q data was held back by the soft service sector recovery. Industrial growth remains the key driver, with manufacturing investment, trade, and green-related sectors demonstrating continued strength. The service sector, however, has stayed soft, notwithstanding steady improvement in offline consumption. The property sector has shown signs of improvement. The GDP deflator indi ...