INSUBCONTINENT EXCLUSIVE:
Chinas economy grew by 5.4 percent in the first quarter of this year, overtaking expectations, underpinned by strong intake, industrial
output and exports, according to information launched by the National Bureau of Statistics (NBS) on Wednesday.The GDP development beat
analysts expectations, surpassing Reuters growth projection of 5.1 percent and Bloombergs 5.2 percent
The economy had a great start in the January-March quarter, stated Sheng Laiyun, deputy head of the NBS.Both consumption and industrial
output indicated unanticipated momentum in March
Retail sales rose by 5.9 percent last month versus a year earlier, beating the average projection of 4.2 percent
Commercial output increased 7.7 percent, also going beyond estimates.Chinas exports grew much faster in the first three months, with a
year-on-year boost of 6.9 percent
NBSs Sheng said the rapid growth in exports in spite of the increase in tariffs and trade constraints because February demonstrated Chinas
resilience.CGTN examined essential financial figures from the NBS in the following graphic.
