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China’s economic growth off to encouraging start China’s economic growth has embraced an encouraging start in the first quarter of the year (Q1) and has a bright outlook, said an industry leader in an interview with Xinhua. “Thanks to the effective measures that the government has taken to control the pandemic and stimulate the economy, we observe there is resilient momentum in the economic indicators coming from both the production and consumption sides,” said Hoffman Cheong, EY China North managing partner. In particular, catering sales had almost returned to the level at the beginning of 2019, suggesting strong sentiment of the populace to go out, meet people and spend money, said Cheong. “This is the underlying reason why we are confident in China’s outlook.” ....
China GDP up 18.3% on year in Q1 archive.shine.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.shine.cn Daily Mail and Mail on Sunday newspapers.
China s economic growth off to encouraging start 1 2021-04-18 19:23:48Xinhua Editor : Cheng Zizhuo ECNS App Download China s economic growth has embraced an encouraging start in the first quarter of the year (Q1) and has a bright outlook, said an industry leader in an interview with Xinhua. Thanks to the effective measures that the government has taken to control the pandemic and stimulate the economy, we observe there is resilient momentum in the economic indicators coming from both the production and consumption sides, said Hoffman Cheong, EY China North managing partner. In particular, catering sales had almost returned to the level at the beginning of 2019, suggesting strong sentiment of the populace to go out, meet people and spend money, said Cheong. This is the underlying reason why we are confident in China s outlook. ....
Interview: China's economic growth off to encouraging start - Buz & Tech News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
2021-04-16 05:10:54 GMT2021-04-16 13:10:54(Beijing Time) Xinhua English BEIJING, April 16 (Xinhua) China s economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world s second-largest economy. The gross domestic product (GDP) reached 24.93 trillion yuan (about 3.82 trillion U.S. dollars) in Q1, up 0.6 percent from the fourth quarter of last year, data from the National Bureau of Statistics (NBS) showed Friday. The double-digit year-on-year rebound puts average Q1 growth of 2020 and 2021 at 5 percent from the 2019 level. The Chinese economy registered a 6.8-percent contraction in the Q1 of 2020 due to the novel coronavirus. Thanks to resolute and effective virus control, the global growth engine regained its footing with a V-shaped comeback to attain three consecutive quarters of a rebound last year (3.2 percent in Q2, 4.9 percent ....