Current location:World Wander news portal > world
China's GDP grew 5.3% in Q1, beating expectations
World Wander news portal2024-05-07 16:35:29【world】0People 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.
Address of this article:http://coralseaislands.whetstonetavern.com/news-51f199901.html
Very good!(27)
Related articles
- I was sent an explicit photo by a stranger on my birthday so I took hilarious revenge on him
- Alexandre Pantoja to defend flyweight title in native Brazil against Steve Erceg
- Emily Ratajkowski displays her cleavage and backside as she dons thong in VERY sexy shoot
- Defense chiefs from US, Australia, Japan and Philippines vow to deepen cooperation
- Now Take That fans are left fuming after venue change from crisis
- From a chance meeting in a cafe to a devastating six
- Comcast blacks out 15 regional sports networks in contract dispute with distributor
- Average long
- Danish King Frederik and his Australian
- Sex and the City star Kristin Davis, 59, lets her natural beauty shine in fresh
Popular articles
Recommended
The night that bra
Maradona's children want to transfer his body from cemetery to a mausoleum
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren Buffett
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
José Ramírez breaks Larry Doby’s team record for go
New York firefighter adopts three
Cher, 77, says she prefers younger boyfriends because men her age 'are all dead'
Ryan Gosling gushes over partner Eva Mendes and brands her the 'best acting coach'
Links
- Used goods proving to be trendy commodities
- Team China makes flying start at Sudirman Cup
- R&D seen as key to success of private firms
- Enterprises in Guangxi ride RCEP momentum to expand ASEAN market
- Messi not planning to play at 2026 World Cup
- China, Thailand sign visa exemption pact
- Aerial view of stadium for Chengdu World University Games
- China's Zhang Jingyin makes debut for Trefl Gdansk
- Boeing delivers B787 Dreamliner to Juneyao Airlines
- National Games witnesses development of China's sports map