Economy

China's GDP growth accelerates to 5.3%, defying expectations

Q1 result shows impact of policy support but analysts warn recovery still 'fragile'

20240415 china gdp

Pedestrians in Beijing's central business district. China faces multiple challenges amid a sluggish recovery from the COVID-19 pandemic.  © Reuters

CK TAN, Nikkei staff writer
April 16, 2024 11:03 JST
Updated on April 16, 2024 18:16 JST

SHANGHAI -- China's gross domestic product growth accelerated to 5.3% on the year in the January-March quarter, suggesting policy support measures are propelling the world's second-largest economy through persistent headwinds.

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