China’s economic indicators for the first quarter of 2021 have been released. At an annualized rate, the economy grew 18.3% from January through to April, facilitating a complete economic recovery as the world deals with the disruption of COVID-19, and consumption reasserts itself, registering the highest tally since 1993.
In line with the GDP figures, industrial output increased 24.5% from last year, exports by 38.7%, imports 29.2%, retail sales of consumer goods 33.9%, and fixed-asset investment by 25.6%, all positive indicators showing a healthy and resilient economy, which is forecast to end the year up around 8.4% as a whole