SMM

According to the data released by the National Bureau of Statistics recently, the GDP in the first quarter increased by 4.5% year-on-year, which beat the expected growth of 4%. This also laid a good foundation for realising the expected goal of economic development for the whole year.  The good start of China's economic data in the first quarter has filled the market with confidence, and many domestic and foreign institutions have raised China's GDP growth forecast for this year.