China's gross domestic product expanded by 5.3 percent year-on-year in the first quarter after a 5.2 percent rise in the fourth quarter, official data showed on 16th of April, boding well for a steady economic recovery in the following months.
In the first two months of this year, the total value of imports and exports in the region was nearly 1.75 billion yuan, up from about 480 million yuan in the same period last year.
The economic development of China is set to witness more favorable conditions than unfavorable ones, while the underlying trend of economic rebound and long-term growth remains unchanged, a national political adviser said.
China has room to pursue a more proactive fiscal policy and an expansionary monetary policy, thereby boosting economic recovery and helping achieve the targeted economic growth of around 5 percent this year, experts said on 5th of March.
Export volume increased 12.5 percent year-on-year, ranking first among all cities on the Chinese mainland for the 31st consecutive year, while total imports and exports exceeded 3.87 trillion yuan, up 5.9 percent.