International economic experts have voiced confidence in China's economy, saying the economy has strong resilience and will continue to contribute to stabilizing the global economy amid new global challenges.
China's gross domestic product grew 4.8 percent year on year to 27.02 trillion yuan (about 4.24 trillion U.S. dollars) in the first quarter, picking up pace from a 4-percent increase in the fourth quarter last year, according to the latest data from the National Bureau of Statistics (NBS).
Value-added industrial output posted a stable 6.5-percent increase from a year ago in the first quarter, and the fixed-asset investment jumped 9.3 percent. Retail sales of consumer goods also went up 3.3 percent.
Experts say the figures are hard won considering the international situation and new challenges.
