China Growth to Bottom Out After Sluggish First Quarter, CCB's Cui Says

The transcript discusses the unexpected rise in industrial production figures, surpassing economist predictions. It highlights the influence of seasonal factors, such as the Chinese New Year, on economic data. The discussion suggests that the economy is recovering from a sluggish first quarter, affected by trade wars and government policies. Future quarters are expected to show improvement in construction, retail sales, and investment. The government maintains a flexible growth target of 6 to 6.5%, with the potential to exceed this range.

What was the industrial production figure that exceeded economists' expectations?

• 6.4%

• 7.2%

• 8.4%

• 9.1%

Which seasonal event can cause fluctuations in economic data during the first quarter?

• Thanksgiving

• Easter

• Chinese New Year

• Christmas

What were some of the factors that negatively impacted economic growth in the first quarter?

• High inflation

• Trade war and weak consumption

• Strong currency

• Increased foreign investment

What is the expected trend for retail sales and investment data in the coming quarters?

• Decline

• Stagnation

• Volatility

• Improvement

What is the government's growth target range for the year?

• 7% to 7.5%

• 8% to 8.5%

• 6% to 6.5%

• 5% to 5.5%