Brisk Chinese Market Buoys Up Global Confidence

摘要

As world leaders marshal their visits to Beijing,keen to engage in more cooperation with China,the world’s second largest economy hits full throttle in its mounting of a strong comeback.China’s busi­nesses logged a 4.7 percent year-on-year increase in sales revenue in the first quarter of 2023.Service industries made a decisive rebound,sales revenues for sectors like accommodation and catering having risen an impressive 20 percent or more.Meanwhile,China’s foreign trade also got off to a flying start in the first quarter,when its total goods trade reached RMB 9.89 trillion,a year-on-year growth of 4.8 percent.