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China’s economy grew by 4.5 percent year-on-year in the first quarter of 2023, signalling that the world’s second-largest economy is firmly on the path to recovery after the end of Beijing’s strict “zero-COVID” policies.
The growth figure falls slightly short of Beijing’s 5 percent growth target for 2023, set at the National People’s Congress meeting in March, but is still ahead of market expectations.
Other official economic data released on Tuesday reinforced signs of an upward trend in the economy.
Al Jazeera’s Richard Kimber reports from Hong Kong.
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#China #ChinaEconomicGrowth #ChinaEconomy #ChinaGDP #AlJazeeraEnglish
The growth figure falls slightly short of Beijing’s 5 percent growth target for 2023, set at the National People’s Congress meeting in March, but is still ahead of market expectations.
Other official economic data released on Tuesday reinforced signs of an upward trend in the economy.
Al Jazeera’s Richard Kimber reports from Hong Kong.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
#China #ChinaEconomicGrowth #ChinaEconomy #ChinaGDP #AlJazeeraEnglish
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