China’s Economy Grows 5 Percent in Q1
Total gross domestic product for the January–March period reached 33.4 trillion yuan (approximately 4.87 trillion U.S. dollars), official figures showed.
Detailing the performance, the NBS said in a statement: "the growth of production and supply accelerated, market demand continued to improve, employment was generally stable, market prices picked up moderately, and high-quality development advanced with new and positive momentum," the NBS said in a statement. "The national economy got off to a good start with the development showing greater resilience and vitality."
China’s economy recorded 5 percent growth for the full year in 2025. Authorities have set a 2026 growth target range of 4.5 to 5 percent, while signaling an intention to outperform that goal if conditions allow.
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