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bigthunderslots| China's economic "report card" released in the first quarter, foreign institutions raised their expectations for China's economy

Business 2024年04月21日 13:06 13 editor

e-Company News, a few days ago, China's economic "report card" for the first quarter of 2024 was released, with GDP (gross domestic product) reaching 5bigthunderslots.3% year-on-year growth. Under the eye-catching "report card", many foreign-funded institutions raised their pricesbigthunderslotsExpectations for the Chinese economy. Deutsche Bank research predicts that in the next few quarters, China's economy is expected to grow slightly more than 1% month-on-month. Based on the above trends, Deutsche Bank raised its forecast for China's full-year GDP growth for 2024 by 0.5 percentage points to 5.2%. Xing Ziqiang, chief economist of Morgan Stanley China, said that China's economy started well in the first quarter of this year. In both the first and second quarters, China's economy is expected to achieve the government's economic growth target of around 5%. Zhao Yaoting, global market strategist for Invesco Asia Pacific (excluding Japan), bluntly said that China's GDP data for the first quarter easily exceeded expectations, laying a good start for achieving this year's economic growth target of around 5%. For this year, the stronger overall growth data suggests that the economic fundamentals are more solid as the industrial sector performs strongly.

bigthunderslots| China's economic "report card" released in the first quarter, foreign institutions raised their expectations for China's economy

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