China’s State Council Information Office held a press conference today to release the national economic performance data for the first quarter of 2024. Sheng Laiyun, deputy commissioner of the National Bureau of Statistics, delivered a comprehensive speech and engaged with questions from the media.
Deputy Commissioner Sheng highlighted the key indicators of economic growth and provided insights into the trends shaping China’s economy in the early part of the year. He emphasized the resilience of the Chinese economy amid global challenges and outlined the government’s strategies for sustaining growth.
“The first quarter has shown promising signs of recovery and stability,” Sheng stated. “We are witnessing a steady increase in consumer spending, industrial production, and investment, which reflects the effectiveness of our economic policies.”
During the question-and-answer session, Sheng addressed concerns regarding international trade tensions and their potential impact on China’s economic outlook. He reassured that China remains committed to open cooperation and will continue to adapt to the evolving global economic environment.
The press conference provided valuable insights for investors, business professionals, and analysts monitoring Asia’s economic developments, shedding light on China’s influential role in the regional and global economy.
Reference(s):
Live: National economic performance of the first quarter of 2024
cgtn.com
