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China’s economy grows 18.3% on-year in Q1 2021
Updated: 2021-04-16 11:18:46 KST
China's economy grew 18.3 percent on-year in the first three months of 2021.
According to official data, this is the biggest quarterly on-year growth since records began in 1992.
The growth was mainly due to the base effect, as the Chinese economy suffered a historic 6.8 percent contraction due to COVID-19 in the first quarter of last year.
Compared to the fourth quarter of 2020, China's economy grew point-6 percent.
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