China’s economy grew 5.3% in the first quarter, beating expectations

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China's economy grows 5.3% in first quarter, surpassing expectations

China's economic growth picked up slightly in the first quarter driven by strong performances from the export, manufacturing and services sectors, according to provisional figures published Tuesday.

The West Australian

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China's economy expands faster than expected

China's economy grew 5.3 per cent in the first quarter, offering relief to officials grappling with protracted weakness in the nation's property sector.

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China's Economy Grew 5.3% From January To March, Beating Expectations

China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity. Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would "not be easy" and which analysts said was ambitious given the headwinds the country is confronting. For January-March, gross domestic product rose 5.3 percent,…

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China's economy grew 5.3 percent in the first quarter, data from China's statistics bureau shows. That topped estimates by analysts who had counted on gross domestic product (GDP) growth of 4.6 percent. However, a number of other economic data for March (real estate investment, retail sales, industrial production) show that domestic demand remains weak, slowing overall momentum, Reuters reported.

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China's economy grew stronger than expected in the first quarter.

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Hong Kong Free Press

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Chinese economy beats growth expectations in Q1

China's economy expanded far more than expected in the first quarter of 2024, data showed today, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target.