What's behind China's 5.3% GDP growth in Q1?

What's behind China's 5.3% GDP growth in Q1?


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China’s GDP grew by 5.3 percent in the first quarter of 2024 over the same period last year, thanks to strong growth in high-end manufacturing. Data shows an increase in retail sales of consumer goods, growth in national investment, and an increase in imports and exports, all indicating a steady recovery of the Chinese economy. What else does the most recent data show? What were some of the highlights of the first quarter? To take a closer look, we are joined by Benjamin Cavender, managing director of China Market Research Group; Anthony Chan, former JPMorgan chase chief economist; and Qu Qiang, research fellow at Beijing Foreign Studies University.

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