China released its latest macroeconomic data for July on Monday that show continued recovery, with growth of industrial production and the consumer market as a whole. In the face of rising risk of stagflation in the global economy, the country's official statistics agency said it is still necessary to strengthen the foundation for consolidating the economy. In this episode of BizBeat, CGTN's Michelle Van den Bergh explains.推荐阅读：指点财津 | 斯里兰卡破产，美国财政措施难辞其咎 指点财津 | 5月数据显示中国经济复苏步伐坚实有力