From CNBC: 2024-03-27 18:00:01

China’s economy finishes Q1 on a high note, with improved industrial activity and retail spending, according to the China Beige Book. Business survey data show revenue growth and pricing gains. China aims for 5% growth in 2024, despite reduced borrowing and higher interest rates. Employment and sectors show improvement.

The National Bureau of Statistics will release Q1 data on April 16. China plans for 5% growth in 2024, despite reduced borrowing and higher interest rates. Employment and sectors show improvement, with real estate seeing a decline in residential sales but a rise in commercial sales and construction. Manufacturing sees growth in production and domestic orders, but export orders fall.

Read more: China economy on track for strong March performance: China Beige Book