Compared with that of 2022, GDP of 2023 of China grew by 5.2%. GDP of the 1st quarter of 2024 of China grew by 5.3% YOY. Among the components, consumption contributed 73.7% to the growth, which was the largest. But real estate sector in China continued to grew negatively. The sales amount of real estate sector in China continued to decrease for 8 consecutive months. 

Macro-Data Source: National Bureau of Statistics