China's Economic Advantage - Sina Hong Kong

On April 16, the economic "report card" for the first quarter was released. In the first quarter, GDP increased by 5.3% year-on-year, which was a good start. Among them, production demand increased steadily,

Stable and rising production demand

The economy performed well in the first quarter, with production demand rising steadily, indicating that China's economy is on a stable growth track. Production demand in various industries has increased, injecting impetus into the development of the entire economy.

Consumer demand continues to grow

As people's living standards improve, consumer demand continues to grow. In the first quarter, the consumer market in various places was booming, and sales of various consumer goods increased, which played a positive role in stimulating economic growth.

Foreign trade deficit narrows

In the first quarter, China's foreign trade deficit narrowed, which meant that China's exports increased and imports decreased. This is of great significance for improving the economic structure and improving international competitiveness.

• Foreign capital continues to flow in
• Investment environment further improved

Policies and measures actively support economic development

The government has introduced a series of proactive policy measures to support economic development. These measures include reducing corporate tax burdens and increasing investment in infrastructure construction, which provide a strong guarantee for sustained economic growth.