China announced on Wednesday a growth of 5.4% in its economy in the first quarter of 2025, a higher result, obtained despite the commercial war and consumption in a mast medium.
“According to preliminary estimates, the Gross Domestic Product (GDP) in the first quarter reached 31,875.8 billion yuan, an increase of 5.4% in the annual sliding at constant prices,” said the National Statistics Office.
China said Wednesday that its industrial production had accelerated at 6.5% for a year in the first quarter, compared to 5.7% in the fourth quarter of 2024, a certain amount of goods produced in forecast of the new American customs surcharge.
Retail sales, a key indicator of household consumption, also increased by 4.6% in the annual change, said the National Statistics Office (BNS).
The growth objective for the year remains ambitious in the context of commercial tensions, the real estate crisis and a less dynamic internal demand than before.
“The basic concepts of sustained economic recovery and growth must still be consolidated,” said the National Statistics Office (ENB), adding that it was necessary to adopt more proactive and effective macroeconomic policies. “
Source: BFM TV
