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China's GDP up 5.3% in Q1

Xinhua Authoritative Express|China's GDP grew 5.3% in the first quarter of this year.

Data released by the National Bureau of Statistics on April 16

preliminary accounting

China's gross domestic product (GDP) in the first quarter of this year was 2,962.99 billion yuan

At constant prices, the year-on-year increase was 5.3%

1.6% YoY from Q4 2023

first quarter (of financial year)

Total retail sales of consumer goods 120,327 billion yuan, up 4.7%

National fixed-asset investment (excluding farm households) rose by 4.5% year-on-year

Total import and export of goods increased by 5.0% year-on-year

The national urban survey unemployment rate averaged 5.2%, down 0.3 percentage points from the same period last year

Steady rise in production demand

High-quality development achieves new results National economy continues to rebound and improve, with a good start

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