China witnesses strongest economic recovery
An economic study reveals in numbers that China has overcome the economic and financial crises caused by the Coronavirus.
China experienced the fastest and strongest economic recovery after the Coronavirus, due to the support of production, supply and exports. The question here is, is this recovery sustainable or just a sudden and temporary surge?
China's macroeconomic path differs from all other major economies, where monetary and economic policies are accommodative with the aim of supporting demand and consumption during the prolonged pandemic period, especially in light of recent environmental and demographic pledges and cooperation policies with Europe.
This document shows China's internal assessments of the impact and growth prospects of the global epidemic.
China's economic recovery in numbers:
1- The fastest and strongest recovery of GDP
First quarter 2021: $3.8 trillion
+ 14.8% compared to the first quarter of 2019
2- The largest recipient of foreign direct investment
First quarter 2021: $45 billion 45
+25.3% compared to the first quarter of 2019
3- Perfect export performance
First quarter 2021: $710 billion10
+ 28.7% compared to the first quarter of 2019