The National Bureau of Statistics released the data on April 16
Preliminary accounting
China's gross domestic product (GDP) in the first quarter of this year was 296299 billion yuan
At constant prices, up 5.3% year-on-year
1.6% sequentially higher than Q4 2023
Q1
The total retail sales of consumer goods 120327 billion yuan, a year-on-year increase of 4.7%
National investment in fixed assets (excluding rural households) increased by 4.5% year-on-year
The total value of imports and exports of goods increased by 5.0% year-on-year
The average surveyed unemployment rate in urban areas is 5.2 percent.
It decreased by 0.3 percentage points over the same period last year
Production demand has risen steadily
New achievements have been made in high-quality development
The national economy continued to pick up and got off to a good start
Source: Xinhua News Agency
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