China’s GDP: economy shakes off Covid legacy and grows 4.5% in first quarter0

• Gear / Gear News and Events, General, News, Newsletters, Security / Security News
• July 4, 2026

Hong Kong — China’s economy got off to a strong start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew 4.5% in the first quarter compared to the previous year, the National Statistics Office reported on Tuesday. That beat the estimate of 4%