According to data released by the Chinese State Bureau of Statistics on April 18, China’s total domestic output value in the first quarter of this year was 28.499 billion yuan. Which is 4.5 percent more than the same period last year, while 2.2 percent more than the previous quarter. According to statistics, in the first three months of this year, the added value of the first industry increased by 3.7 percent compared to the same time last year. While the value added of second industry and third industry increased by 3.3 percent and 5.4 percent respectively.
Fixed asset investment in the first quarter was 107.28 billion yuan, up 5.1 percent from the same period last year. The total amount of export and import of goods was 988.77 billion yuan, an increase of 4.8 percent. The unemployment rate in cities and towns in the first quarter was 5.5 percent and the civilian consumption price index (CPI) increased by 1.3 percent. . According to Fu Linghui, a spokesman for China’s State Bureau of Statistics, in the first quarter, there was a steady restoration of production and demand in China, and the employment situation and commodity prices remained stable. Along with this, the beginning of economic operations was good.
(Credits-China Media Group, Beijing)
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