GLOBALink | China's GDP expands 4.8 pct in Q1-Xinhua

GLOBALink | China's GDP expands 4.8 pct in Q1

Source: Xinhua

Editor: huaxia

2022-04-18 15:36:46

China's economy got off to a steady start in the first quarter of 2022 despite challenges from an increasingly complex international environment and resurgences of COVID-19 cases at home.

The country's gross domestic product grew 4.8 percent year on year in the first three months, picking up pace from a 4-percent increase in the fourth quarter last year, data from the National Bureau of Statistics (NBS) showed Monday.

The economy posted a stable performance with continued recovery as China balanced the epidemic control and economic and social development, NBS spokesperson Fu Linghui said at a press conference.

Produced by Xinhua Global Service


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