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China's economic growth surged to 18.3% as activity revived
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BEIJING – China’s economic growth surged to 18.3% over a year ago in the first quarter of 2021 after factory and consumer activity returned largely to normal following the coronavirus pandemic.
The figures reported Friday were magnified by comparison with early 2020, when the world’s second-largest economy fell into its deepest contraction in decades.
The government noted growth in activity compared with the final quarter of 2020, when a recovery already had begun, was a more modest 0.6%.
Manufacturing, auto sales and other consumer activity have revived to above pre-pandemic levels since the ruling Communist Party declared victory over the coronavirus last March and allowed factories and stores to reopen.
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