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Upbeat figures suggest lasting GDP growth By ZHONG NAN in Beijing and LIU MINGTAI in Changchun | China Daily | Updated: 2021-04-05 09:23 Containers are unloaded from a ship at a port of Qingdao, East China s Shandong province, on Feb 17, 2020. [Photo/Xinhua]
Despite virus, foreign trade soars 32.2% in Jan-Feb, consolidating fundamentals
China s rosy foreign trade performance will sustain its GDP growth momentum in the first quarter of this year, consolidating the country s fundamentals for steady and sound economic growth in the post-pandemic era, observers and business leaders said.
With the country s foreign trade soaring 32.2 percent year-on-year to 5.44 trillion yuan ($828.6 billion) in the first two months of the year, they projected that China s economy and opening-up will add greater impetus to the global business recovery in the first quarter and give support to its 6-plus percent GDP target for 2021.