普华永道：2024年第一季度中国经济观察报告（英文版）

China's economy has kicked off the vear on a positive note.Inthe first quarter of 2024, real GDP expanded by 5.3%

compared to me same quarterin the previous year. This growth rate surpassed the 5.2% year-over-year growthrecorded in the previous quarter, setting the stage for thef approximately 5% foreconomy to achieve:its oticialtarget ofthe entire year.

Investment and manufacturingactivities showed robustmomentum,serving as the primary catalyst tor arowth. Thevalue added from