China's gross domestic product contracted 6.8 percent year on year in first quarter, revealing for the first time the near-term impact of the COVID-19 pandemic on a major economy.
China's economy is expected to recover for the rest of the year after registering a virus contraction in the first quarter, analysts have said.
China's newly-added RMB household deposits stood at 6.47 trillion yuan in first quarter of year, official data showed.more
China's power generation decreased in the first quarter of this year, down 6.8 percent year on year, official data showed Friday.more
China's value-added industrial output, an important economic indicator, fell 8.4 percent in Q1 of this year, as novel coronavirus outbreak deals a huge blow to industrial production.
China's retail sales of consumer goods, a major indicator of consumption growth, declined 19 percent year on year in first quarter of this year as novel coronavirus outbreak hit economy.
China's FAI declined 16.1 percent year on year to 8.41 trillion yuan (about 1.19 trillion U.S. dollars) in the first quarter of 2020, NBS said Friday.