News: 2024.04.17
Mainland China's economic statistics for the first quarter of this year have been released. There are no surprises, but steady development. Of course, compared to some politicized remarks overseas, the fact that China's economy has not declined is beyond their expectations. The GDP growth rate of 5.3% shows that China’s economy still maintains a steady growth momentum.
Although the global epidemic has had a certain impact on the economy, the Chinese government has responded proactively and adopted a series of policy measures to stabilize the economy. These measures have effectively alleviated the impact of the epidemic on the economy and provided strong support for sustained economic development.
China's foreign trade and investment also show a steady growth trend. As the global economy gradually recovers, China's export and investment activities have gradually picked up. This has injected new impetus into China's economic development.
In addition to the improvement of the external environment, the potential of China's domestic demand market cannot be underestimated. As the income level of Chinese residents increases and consumption concepts change, the domestic demand market will become an important engine for China's economic growth.
Overall, China's economy has maintained a steady growth momentum despite facing various challenges. The government will continue to implement proactive monetary and fiscal policies to promote a virtuous economic cycle and lay a solid foundation for high-quality development.