{"id":401011,"date":"2024-04-19T09:37:02","date_gmt":"2024-04-19T04:37:02","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=401011"},"modified":"2024-04-19T09:37:02","modified_gmt":"2024-04-19T04:37:02","slug":"chinas-trade-with-bri-countries-grows-5-5-in-q1-nbs-data","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/chinas-trade-with-bri-countries-grows-5-5-in-q1-nbs-data\/","title":{"rendered":"China\u2019s trade with BRI countries grows 5.5% in Q1: NBS data"},"content":{"rendered":"<p>ISLAMABADD<br \/>\nIn the first quarter, China\u2019s imports and exports with the Belt and Road partner countries grew by 5.5 percent, accounting for 47.4 percent of the total value of imports and exports, data from the National Bureau of Statistics (NBS) showed.<br \/>\n\u201cNational economy made a good start in the first quarter,\u201d noted Sheng Laiyun, deputy director of NBS, according to China Economic Net (CEN). As per NBS, China\u2019s gross domestic product (GDP) reached 29.63 trillion yuan (~4.17 trillion U.S. dollars), witnessing a 5.3 percent growth year on year in the first quarter of 2024.<br \/>\nSpecifically, in the first quarter, agricultural production showed good momentum, with the added value of agriculture (crop farming) increasing by 3.8% year on year. Industrial production grew rapidly, with the total value added of industrial enterprises above designated size increasing by 6.1% year on year nationwide.<br \/>\nMarket sales maintained stable growth, with the total retail sales of consumer goods reaching 12.0327 trillion yuan, up by 4.7% year on year.<br \/>\nThe total value of imports and exports of goods reached 10.1693 trillion yuan, an increase of 5.0% year on year, with continuous optimization of trade structure.<br \/>\nConsumer prices remained generally stable, with the national consumer price index (CPI) unchanged year on year. The overall employment remained stable, and residents\u2019 income saw steady growth.<br \/>\nSheng mentioned positive factors during the period such as rising production demand, stable employment and prices, and growing market confidence. \u201cThese positive factors driving economic recovery are accumulating and strengthening, laying a good foundation for full-year growth,\u201d said Sheng.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABADD In the first quarter, China\u2019s imports and exports with the Belt and Road partner countries grew by 5.5 percent, accounting for 47.4 percent of the total value of imports and exports, data from the National Bureau of Statistics (NBS) showed. \u201cNational economy made a good start in the first quarter,\u201d noted Sheng Laiyun, deputy [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-401011","post","type-post","status-publish","format-standard","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China\u2019s trade with BRI countries grows 5.5% in Q1: NBS data<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/chinas-trade-with-bri-countries-grows-5-5-in-q1-nbs-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s trade with BRI countries grows 5.5% in Q1: NBS data\" 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