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Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

author:Dr. Zhang's health talks

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In the past many years of development, the mainland economy has made very remarkable achievements.

While China's economy continues to write new chapters, Western countries have produced a lot of slander against China's economic development.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

In the past, because the mainland's economic development was relatively backward and the whole country was very poor, some United States and Western countries decided that China's economic development could not develop. Therefore, in the field of economics, research on China's economy is very rare.

With the continuous development and rise of China's economy, the mainland economy has now seized the second place in the global field.

Under the rapid growth of the economic model, the development of China's economy has also attracted more and more attention from foreigners.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Not long ago, the economic growth in the first three months of 2024 released by relevant departments showed that the mainland's GDP data increased by 5.3%.

Compared with the previous economic growth forecast set by the state, this figure has exceeded the set target.

Through this data, the development of China's economic field is once again proved. Over the past few years, Western countries have always believed that China's economy would collapse and that China's economy would not be able to develop.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Today, those countries that are not optimistic about China's economic development are shocked by China's economic development.

In fact, over the years of development, China's economy has not only not collapsed, but has continued to develop and grow. In 2023, when the global economic growth trend is not obvious, the mainland's economic growth rate has reached 5.3%.

A comparison with the situation in the United States in terms of this data shows that China's economic growth rate has surpassed that of the United States.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

However, in the context of China's rapid economic development, there are still some Western countries that do not want to recognize China's rapid rise and continue to exaggerate the rhetoric of China's economic collapse.

In the past few years, due to the impact of various factors such as the epidemic, the economic development of many countries has been in a state of stagnation, but the mainland economy has shown a trend of steady growth.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Since the beginning of 2024, many economists believe that economic development will encounter more challenges this year, especially in the case of increasing downward pressure on the economy, which will inevitably lead to a slowdown in the growth rate of some economic indicators.

But judging from the economic data released in the first quarter, the mainland's economic growth has not stalled.

In view of this situation, some analysts believe that the reason why China's economy has been able to achieve stable growth is because it is supported by internal demand, and the potential growth rate is also closely related to internal support.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Judging from the actual situation of China's economic development at present, there is great potential for growth during the period of initial expansion of economic development.

Compared with those countries with relatively good economic development, the mainland's per capita GDP is still in a relatively low state, and the future growth space is still relatively large, and in the process of industrialization and urbanization, it still maintains a relatively stable development trend.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Of course, in the face of the economic growth data in the first quarter, some analysts believe that judging from the current degree of economic recovery in the mainland, the economic recovery of many large enterprises has shown a good trend, but the economic recovery of some small, medium and micro enterprises is not obvious.

Therefore, in the next step to promote China's economic development, it is necessary to strengthen the development of small, medium and micro enterprises.

Compared with other industries, the economic growth rate of the service industry reached 5.0% in the first three months, especially in the fields of information transmission and software information technology services, and the growth rate increased significantly.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

The rapid growth of the service sector is also an important factor in promoting economic development and growth.

However, some analysts believe that when the computer DB data is used, the accounting mode of the production method is often used, that is to say, the expenditure method is used to verify, and from the current three major demand conditions, the economic data of the mainland are in a state of steady recovery.

At the same time, affected by factors such as international gold prices, the gold, silver and jewelry industry has also seen a large amount of consumption.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Generally speaking, the current trend of the mainland's economic development is gradually showing a good state. However, China's economic development still faces many challenges, especially in the case of continuous consumption upgrading, and the basis for consumption improvement is not so stable.

Residents' willingness and spending power need to be improved. Consumption is a key factor in driving economic growth, so the state needs to further strengthen policy support to stimulate household consumption.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Judging from the consumption pattern in recent times, the consumption of some green industries has won the hearts of the people, especially in the field of new energy vehicles.

Judging from the data released by professional institutions, in the first three months of this year, the sales of new energy vehicles increased by 30% compared with before. On the whole, the mainland's economy is still facing very considerable development potential.

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

Moreover, in the case of the gradual recovery of external demand and the gradual recovery of the manufacturing industry, it will promote the rapid recovery of China's economy.

What do you think about China's economic development? Welcome to discuss in the comment area!

Favorable news is coming! China's economic growth has greatly exceeded expectations! How did China's economy break out of the encirclement?

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