Restructuring a Priority | The decline of China's economic growth in the first quarter of this year has cast shadows over the market. It's not necessarily evidence that the Chinese economy is encountering problems, but instead, may indicate that the quality of China's economic growth is higher than before | more | | |
 | Off to a Good Beginning | | China's economic growth slipped to 7.4 percent in the first quarter, signaling more downward pressure for the world's second largest economy. However, authorities have ruled out the possibility of major stimulus to fight short-term dips in growth and plan to seek growth momentum in deep-seated reforms and promising domestic consumption | Full Story | |
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Major Macroeconomic Indicators in Q1 | - Consumer price index (CPI), the main gauge of inflation, rose 2.3 percent year on year.
- Foreign trade declined 1 percent year on year to $966 billion. Exports declined 3.4 percent to $491 billion while imports increased 1.6 percent to $475 billion.
- Industrial output grew 8.7 percent year on year.
- Fixed assets investment rose 16.3 percent year on year to 6.83 trillion yuan ($1.11 trillion). | more | | |
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