Current location:International Iterations news portal > world
China's GDP grew 5.3% in Q1, beating expectations
International Iterations news portal2024-04-30 05:40:12【world】5People 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://www.videocameralive.com/html-62f399879.html
Very good!(416)
Related articles
- In Paris, students inspired by pro
- Israel artist refuses to open Israel pavilion at Venice Biennale
- Chinese premier delivers keynote speech at China Development Forum 2024
- Emily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog Colombo
- Recently reinstated receiver Quintez Cephus signs a one
- Drake pushes back after Rick Ross accused him of getting a nose job in Champagne Moments lyrics
- Hong Kong's top talent scheme approves 59,000 applications
- 86 individuals awarded for helping shield national security
- Chinese scientists use machine learning for precise Antarctic sea ice prediction
- Israeli airstrikes kill 19 Palestinians in Gaza: Hamas
Popular articles
- FDA brings lab tests under federal oversight in bid to improve accuracy and safety
- Drake pushes back after Rick Ross accused him of getting a nose job in Champagne Moments lyrics
- Australian PM demands accountability for citizen's death in Gaza
- Emily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog Colombo
Recommended
China ready to strengthen high
St. Petersburg tightens security measures after Moscow terrorist attack
China home to 47 UNESCO Global Geoparks
At least 37 mothers killed daily in Gaza: medics
Not just for trolls! Four
Lugo pitches 7 crisp innings as the Royals beat the White Sox 2
Kesha changes Diddy lyrics in her hit song TiK ToK during Coachella set with Renee Rapp
China urges Philippines to stop provocations in South China Sea
Links
- Macao announces schedule for election of Chief Executive Election Committee
- 'Ice city' sees booming tourism
- Beijing eyeing more foreign travelers
- Winter tourism promotion adds allure to travelling Tibet
- The Village Super League and the rural awakening
- Italian restaurant savors success in Tianjin's bustling historic area
- Chinese premier chairs State Council executive meeting
- Spring Festival lantern fair combines tradition, creative displays to attract visitors
- Housekeeper contest of boutique homestays held in Beijing's Yanqing district
- Jiangsu edge Guangzhou to snap 17