Current location:world >>
China's GDP grew 5.3% in Q1, beating expectations
world1People have gathered around
IntroductionHONG KONG (AP) — China’s economy in the first quarter beat expectations while receiving a boost from ...
HONG KONG (AP) — China’s economy in the first quarter beat expectations while receiving a boost from policies and an increase in demand, the government said Tuesday.
The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, official data show. Compared to the previous quarter, growth was up 1.6%.
China’s economy has struggled to bounce back from the COVID-19 pandemic, with a slowdown in demand and a property crisis weighing on its growth.
The better-than-expected economy data came days after China reported a decline in import and export figures for March as well as a slowdown in inflation following months of deflationary pressures.
Industrial output for the first quarter was up 6.1% compared to the same time last year, and retail sales grew at an annual pace of 4.7%. Fixed investment for Q1 grew 4.5% compared to the same period a year ago.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Cosmic Chronicle news portal”。http://bahekykovovodo.allesfuersjagen.com/news-40c199923.html
Related articles
China awards young female scientists
worldShen Yiqin, Chinese State Councilor and president of the All-China Women's Federation, attends a ...
【world】
Read moreMississippi Senate agrees to a new school funding formula, sending plan to the governor
worldJACKSON, Miss. (AP) — Mississippi would ditch a complex school funding formula that legislators have ...
【world】
Read moreWho will receive Meghan's top 5 jams? As the Duchess's A
worldAs Meghan Markle's nearest and dearest show off the strawberry jam from her American Riviera Orchard ...
【world】
Read more
Popular articles
- Inter Milan celebrates winning Serie A title with victory over Torino
- Nico Williams racially abused by fans as his Athletic loses at Atletico in fight for CL spot
- Delhi edges Mumbai to keep IPL playoff hopes alive while Samson powers Rajasthan to win
- Milla Jovovich talks babysitting for Fifth Element co
- Mainland ready to provide aid to quake
- Ceddanne Rafaela homers, drives in 7 runs to lead Boston's 17
Latest articles
Giant pandas set to travel from China to San Diego Zoo
Vanessa Feltz's love interest Stefan
From Catherine Zeta Jones and Carys Douglas to Cindy Crawford and Kaia Gerber
Vitality of traditional Chinese culture shines in museum
Leverkusen again rescue unbeaten run with late draw
Gray pitches Cardinals past scuffling Mets 7
LINKS
- Online posts erroneously tie Senate minority leader’s late sister
- Thailand ready for any scenario on Myanmar border, foreign minister says — Radio Free Asia
- Uyghur activist receives Roosevelt freedom of worship award — Radio Free Asia
- Two bodies found in search for Sydney couple Jesse Baird and Luke Davies
- A new Washington state law does not offer cash for reporting hate speech
- New strategy to attack aggressive brain cancer shows promise
- A new declaration in Mexico gives 19 cats roaming the presidential palace food and care fur
- Maple syrup from New Jersey: You got a problem with that?
- Confusion about brand name leads to false claims about Aldi’s bacon
- Lego head mugshots add to California's debate on policing and privacy