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News Wire / politics

China Projects 4.5 To 5 Percent Annual Economic Growth

CRI News Radio Beijing 18d14d Impact 5

New polling data indicates that support for China has increased by 6 percentage points in the Middle East region due to ongoing instability. Lü noted that the Iran war has already impacted Chinese exports. The source expressed uncertainty regarding when this decline will end. China reported an increase in industrial profits during the first three months of the year. This growth was driven by developments in the artificial intelligence and semiconductor industries. Specifically, profits for optoelectronic component manufacturers rose 336.8% year-on-year. Profits for photoelectric equipment and display equipment manufacturers increased by 43% and 36.3% respectively. The growth in these sectors is attributed to global capital investment in AI and data centers. China's mainland economy grew by 5% in the first quarter of the year.

New polling data indicates that support for China has increased by 6 percentage points in the Middle East region due to ongoing instability. Lü noted that the Iran war has already impacted Chinese exports. The source expressed uncertainty regarding when this decline will end. China reported an increase in industrial profits during the first three months of the year. This growth was driven by developments in the artificial intelligence and semiconductor industries. Specifically, profits for optoelectronic component manufacturers rose 336.8% year-on-year. Profits for photoelectric equipment and display equipment manufacturers increased by 43% and 36.3% respectively. The growth in these sectors is attributed to global capital investment in AI and data centers. China's mainland economy grew by 5% in the first quarter of the year. The nation is projected to expand by 4.5 to 5% for the entire year. Officials pledged to strengthen energy security and pursue rapid technological development to respond to external shocks. The Central Committee meeting also highlighted the need for greater control over supply chains and high quality development.

Topics

China USA Middle East Diplomacy

Developing

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Sources · 7 independent

CRI News Radio

“调查显示,中国在该地区获得了更多支持,支持率上升六个百分点,而美国的形象急剧下滑,下降十七个百分点。”

KQED FM

“The Iran war has already hit China's exports, says Lü Daliang, with China's Customs Authority. Growth in global trade is expected to decline significantly, he said.”

KQED FM

“In March, China's imports and exports to the Middle East also went from year-on-year growth in the previous two months to a decline.”

CRI News Radio

“今年前三個月 中國人工智能和半導體行業的彭博發展 带動了多個子行業利潤的大幅增長 其中光鮮製造商的利潤較上年同期增長了336.8%”

CRI News Radio

“Reports say that in the first three months of this year, China's AI and semiconductor industry's Bloomberg development drove significant profit growth in multiple sub-sectors.”

RTHK Radio 3 HK

“The mainland economy grew by 5% in the first quarter of the year and it's projected to expand by 4.5 to 5% for the entire year.”

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