• Latest
  • Trending
China’s economy grew 18.3 percent year on year in the first quarter of 2021

China’s economy grew 18.3 percent year on year in the first quarter of 2021

April 16, 2021
Mars

Mars bar plastic wrapper swapped for paper

May 29, 2023
Sri Lanka – Bangladesh Test Match live

How much will Sri Lanka get from ICC for test championship?

May 29, 2023
Recep Tayyip Erdogan

Erdogan wins Turkish election, extending rule to third decade

May 29, 2023
Exchange Rate

Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

May 29, 2023
New Congress government restoring communal balance in Karnataka

New Congress government restoring communal balance in Karnataka

May 29, 2023
Gold. Image credits - Jingming Pan / Unsplash

Gold prices drop further in Sri Lanka

May 29, 2023
India in global competition to woo Pacific islands

India in global competition to woo Pacific islands

May 29, 2023
Factum Perspective: Thai elections – A challenge to the military

Factum Perspective: Thai elections – A challenge to the military

May 28, 2023
Using an ancient scepter to win over Tamil Nadu

Using an ancient scepter to win over Tamil Nadu

May 28, 2023
Siddharamaiah: The new face of Karnataka

Siddharamaiah: The new face of Karnataka

May 28, 2023
Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

May 28, 2023
Lankan President’s Japan visit will have a salutary effect on relationship

Lankan President’s Japan visit will have a salutary effect on relationship

May 28, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Tuesday, May 30, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Sri Lanka – Bangladesh Test Match live

    How much will Sri Lanka get from ICC for test championship?

    Exchange Rate

    Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    New Congress government restoring communal balance in Karnataka

    New Congress government restoring communal balance in Karnataka

    Gold. Image credits - Jingming Pan / Unsplash

    Gold prices drop further in Sri Lanka

    India in global competition to woo Pacific islands

    India in global competition to woo Pacific islands

    Using an ancient scepter to win over Tamil Nadu

    Using an ancient scepter to win over Tamil Nadu

    Siddharamaiah: The new face of Karnataka

    Siddharamaiah: The new face of Karnataka

    Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

    Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

    Lankan President’s Japan visit will have a salutary effect on relationship

    Lankan President’s Japan visit will have a salutary effect on relationship

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Mars

    Mars bar plastic wrapper swapped for paper

    Recep Tayyip Erdogan

    Erdogan wins Turkish election, extending rule to third decade

    Lankan President’s Japan visit will have a salutary effect on relationship

    Lankan President’s Japan visit will have a salutary effect on relationship

    Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China

    Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China

    Cristiano Ronaldo

    Cristiano Ronaldo’s ‘Sajdah’ goal celebration goes viral

    US dollar notes

    ‘The mother of all crises.’ A US debt default would ricochet around the world

    Tsunami

    Scientists warn climate crisis could trigger giant tsunamis from Antarctica

    Emirates

    All Emirates passengers can now avail of free Wi-Fi connectivity onboard

    Ranil Wickremesinghe with Fumio Kishida

    President apologizes to Japanese Government over the termination of LRT project

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Samahan

    Amitabh Bachchan expresses confidence for Sri Lankan herbal drink Samahan

    ‘Money Back Guarantee’ to mark cinematic debut of cricketing legend Wasim Akram and wife Shaniera

    ‘Money Back Guarantee’ to mark cinematic debut of cricketing legend Wasim Akram and wife Shaniera

    The gran who couldn’t: Indu Balachandran’s latest book is for readers of all ages

    The gran who couldn’t: Indu Balachandran’s latest book is for readers of all ages

    The Weeknd

    The Weeknd is the world’s most popular artist, Guinness World Records says

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Watch: Oscar winning song Naatu Naatu

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Indian song ‘Naatu Naatu’ from ‘RRR’ wins Oscar award for best song

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Naatu Naatu: The RRR song primed for Oscar history

    Keanu Reeves

    11 of the best films to watch in March

    Netflix. Image credits - Souvik Banerjee @rswebsols / Unsplash

    Netflix cuts prices for subscribers in more than 30 countries

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Mars

    Mars bar plastic wrapper swapped for paper

    Emirates

    All Emirates passengers can now avail of free Wi-Fi connectivity onboard

    Exercise. Image credits - Victor Freitas @victorfreitas / Unsplash

    5 healthy habits that are easy to add to your day

    Global concern over babies born too soon

    Global concern over babies born too soon

    Nigerian chef Hilda Effiong Bassey

    Nigerian chef cooks for 100 hours in world record attempt

    Batik Air

    Batik Air reinstates daily services between Colombo and Kuala Lumpur

    Confucius tells us how to set ourselves free with ritual

    Confucius tells us how to set ourselves free with ritual

    Sri Lankans enjoy a walk in the beach

    My trip to Sri Lanka restored faith in fellow humans: Australian tourist

    The flavours of Sri Lanka

    The flavours of Sri Lanka

    The Issue of same-sex marriage reaches a critical juncture in India

    The Issue of same-sex marriage reaches a critical juncture in India

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp

    WhatsApp introduces new feature to edit sent messages

    WhatsApp

    WhatsApp will allow users to lock and hide conversations

    Whatsapp. Image credits - AARN GIRI / Unsplash

    WhatsApp announces multi-device feature to support more than one phone

    Apple store in Mumbai

    Apple says ‘Hello Mumbai’ at first India store launch

    WhatsApp

    WhatsApp to introduce five new features in 2023 

    OpenAI has created ChatGPT, a start-up focused on artificial intelligence and its potential use cases. (Image source: OpenAI)

    ChatGPT banned in Italy over privacy concerns

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Sri Lanka – Bangladesh Test Match live

    How much will Sri Lanka get from ICC for test championship?

    Exchange Rate

    Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    New Congress government restoring communal balance in Karnataka

    New Congress government restoring communal balance in Karnataka

    Gold. Image credits - Jingming Pan / Unsplash

    Gold prices drop further in Sri Lanka

    India in global competition to woo Pacific islands

    India in global competition to woo Pacific islands

    Using an ancient scepter to win over Tamil Nadu

    Using an ancient scepter to win over Tamil Nadu

    Siddharamaiah: The new face of Karnataka

    Siddharamaiah: The new face of Karnataka

    Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

    Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

    Lankan President’s Japan visit will have a salutary effect on relationship

    Lankan President’s Japan visit will have a salutary effect on relationship

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Mars

    Mars bar plastic wrapper swapped for paper

    Recep Tayyip Erdogan

    Erdogan wins Turkish election, extending rule to third decade

    Lankan President’s Japan visit will have a salutary effect on relationship

    Lankan President’s Japan visit will have a salutary effect on relationship

    Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China

    Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China

    Cristiano Ronaldo

    Cristiano Ronaldo’s ‘Sajdah’ goal celebration goes viral

    US dollar notes

    ‘The mother of all crises.’ A US debt default would ricochet around the world

    Tsunami

    Scientists warn climate crisis could trigger giant tsunamis from Antarctica

    Emirates

    All Emirates passengers can now avail of free Wi-Fi connectivity onboard

    Ranil Wickremesinghe with Fumio Kishida

    President apologizes to Japanese Government over the termination of LRT project

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Samahan

    Amitabh Bachchan expresses confidence for Sri Lankan herbal drink Samahan

    ‘Money Back Guarantee’ to mark cinematic debut of cricketing legend Wasim Akram and wife Shaniera

    ‘Money Back Guarantee’ to mark cinematic debut of cricketing legend Wasim Akram and wife Shaniera

    The gran who couldn’t: Indu Balachandran’s latest book is for readers of all ages

    The gran who couldn’t: Indu Balachandran’s latest book is for readers of all ages

    The Weeknd

    The Weeknd is the world’s most popular artist, Guinness World Records says

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Watch: Oscar winning song Naatu Naatu

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Indian song ‘Naatu Naatu’ from ‘RRR’ wins Oscar award for best song

    Naatu Naatu has millions of views on YouTube and is a viral sensation over social media

    Naatu Naatu: The RRR song primed for Oscar history

    Keanu Reeves

    11 of the best films to watch in March

    Netflix. Image credits - Souvik Banerjee @rswebsols / Unsplash

    Netflix cuts prices for subscribers in more than 30 countries

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Mars

    Mars bar plastic wrapper swapped for paper

    Emirates

    All Emirates passengers can now avail of free Wi-Fi connectivity onboard

    Exercise. Image credits - Victor Freitas @victorfreitas / Unsplash

    5 healthy habits that are easy to add to your day

    Global concern over babies born too soon

    Global concern over babies born too soon

    Nigerian chef Hilda Effiong Bassey

    Nigerian chef cooks for 100 hours in world record attempt

    Batik Air

    Batik Air reinstates daily services between Colombo and Kuala Lumpur

    Confucius tells us how to set ourselves free with ritual

    Confucius tells us how to set ourselves free with ritual

    Sri Lankans enjoy a walk in the beach

    My trip to Sri Lanka restored faith in fellow humans: Australian tourist

    The flavours of Sri Lanka

    The flavours of Sri Lanka

    The Issue of same-sex marriage reaches a critical juncture in India

    The Issue of same-sex marriage reaches a critical juncture in India

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp

    WhatsApp introduces new feature to edit sent messages

    WhatsApp

    WhatsApp will allow users to lock and hide conversations

    Whatsapp. Image credits - AARN GIRI / Unsplash

    WhatsApp announces multi-device feature to support more than one phone

    Apple store in Mumbai

    Apple says ‘Hello Mumbai’ at first India store launch

    WhatsApp

    WhatsApp to introduce five new features in 2023 

    OpenAI has created ChatGPT, a start-up focused on artificial intelligence and its potential use cases. (Image source: OpenAI)

    ChatGPT banned in Italy over privacy concerns

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Around South Asia China

China’s economy grew 18.3 percent year on year in the first quarter of 2021

Editor by Editor
April 16, 2021
in China, Economy
Reading Time: 2 mins read
6 1
A A
China’s economy grew 18.3 percent year on year in the first quarter of 2021
Share on WhatsApp

Colombo, April 16 (newsin.asia): China’s economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world’s second-largest economy, the Chinese embassy said in a release here on Friday.

The gross domestic product (GDP) reached 24.93 trillion yuan (about 3.82 trillion U.S. dollars) in Q1, up 0.6 percent from the fourth quarter of last year, data from the National Bureau of Statistics (NBS) showed Friday.

The double-digit year-on-year rebound puts average Q1 growth of 2020 and 2021 at 5 percent from the 2019 level.

ADVERTISEMENT

The Chinese economy registered a 6.8-percent contraction in the Q1 of 2020 due to the novel coronavirus. Thanks to resolute and effective virus control, the global growth engine regained its footing with a “V-shaped” comeback to attain three consecutive quarters of a rebound last year (3.2 percent in Q2, 4.9 percent in Q3 and 6.5 percent in Q4).

 Friday’s data sent encouraging signs across the board. In Q1, China’s value-added industrial output, retail sales and fixed-asset investment went up 24.5 percent, 33.9 percent and 25.6 percent, respectively.

Chinese economy recovers rapidly

Driven by the rising demand at home and abroad, total imports and exports of goods surged 29.2 percent year on year to 8.47 trillion yuan.

“Thanks to the effective measures that the government has taken to control the pandemic and stimulate the economy, we have observed resilient momentum in economic indicators coming from both the production and consumption side,” Hoffman Cheong, EY China North managing partner, told Xinhua in an interview.

In particular, catering sales had almost returned to the level at the beginning of 2019, suggesting strong sentiment of the populace to go out, meet people and spend money, said Cheong. “This is the underlying reason why we are confident in China’s outlook.”

Despite the economic rebound, the NBS warned of high uncertainties and instabilities as COVID-19 continues to spread globally and the foundation for the domestic economic recovery is yet to solidify.

“The long-standing structural problems remain prominent with new situations and issues arising from development,” the NBS said.

In 2021, China aims to expand its economy by over 6 percent, create more than 11 million new urban jobs and expand domestic demand and effective investment, which are expected to put the economy firmly back to pre-pandemic vibrancy.

It will pursue high-quality development, advance supply-side structural reform and consolidate and expand the achievements of the COVID-19 response and economic and social development, among other major tasks, according to a government work report.

END

Tags: 2021ChinaCOVID 19Economic recovery

Related Posts

India in global competition to woo Pacific islands
China

India in global competition to woo Pacific islands

May 29, 2023
Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties
Arts

Bandaranaike MemoriaI International Conference Hall cemented Sino-Lankan ties

May 28, 2023
Lankan President’s Japan visit will have a salutary effect on relationship
Development news

Lankan President’s Japan visit will have a salutary effect on relationship

May 28, 2023
Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China
Around The World

Joe Biden’s advisers say he doesn’t want to drag Pacific allies into ‘headlong clash’ between US and China

May 27, 2023
Why is G20 the most potent forum for building a community of shared destiny of humankind?
Around The World

Why is G20 the most potent forum for building a community of shared destiny of humankind?

May 25, 2023
Ranil Wickremesinghe with Fumio Kishida
Development news

Wickremesinghe’s visit to Japan signals a key change in Sri Lanka’s foreign policy

May 24, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: Uninterrupted power supply

    60240 shares
    Share 24118 Tweet 15051
  • Registration open for National Fuel Pass

    6641 shares
    Share 2694 Tweet 1645
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    1851 shares
    Share 747 Tweet 460
  • WATCH : Yohani’s first live performance in India

    790 shares
    Share 329 Tweet 192
  • Power interruption schedule released: Check your area power cut time

    742 shares
    Share 320 Tweet 176
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- Sağlık Personeli - mersin escort - Antalya korsan taksi -
ip booter