Smooth operation towards new and better, demonstrating economic resilience and vitality.

The National Bureau of Statistics released data on April 16, showing that the gross domestic product (GDP) in the first quarter was 33.4193 trillion yuan, calculated at constant prices, an increase of 5.0% year-on-year, an acceleration of 0.5 percentage points compared to the fourth quarter of the previous year. From a quarter-on-quarter perspective, GDP in the first quarter increased by 1.3%. Mao Shengyong, deputy director of the National Bureau of Statistics, said at a press conference held by the State Council Information Office that in the first quarter, new productive forces have yielded new results, new momentum has continued to grow, providing solid support for the stable operation and development towards a new and better direction of the national economy in a complex environment.