China’s GDP grew 4.5% on year in Q1, production and consumption picked up in Mar

China's GDP grew by 4.5% in the first quarter from a year earlier to 28.5 trillion yuan, according to data released by the National Bureau of Statistics (NBS) on Tuesday, compared to 4.0% growth expected by analysts in a Bloomberg survey and accelerating from the 2.9% growth in the fourth quarter of 2022.

The country's economic indicators picked up in March, with retail sales growing by 10.6% from a year earlier, according to NBS data, compared to expected 7.4 . . .

 

 

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