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In the first quarter of 2022, China's GDP reached 2,7017.8 trillion yuan, up 4.8 percent year-on-year and 1.3 percent quarter-on-quarter compared with the previous four quarters.In terms of industry, the primary industry grew by 6.0% year on year, with added value of 1.0954 billion yuan.The secondary industry grew by 5.8% year on year, with an added value of 1.06187 billion yuan.The tertiary industry grew by 4.0 percent, with its added value reaching 15.3037 trillion yuan.
The investment and market sales also maintained rapid growth. The most notable achievement has been in imports and exports.In the first quarter of 2022, imports and exports totaled 9,415.1 billion yuan, up 10.7% year on year.Of this amount, 4.1891 trillion yuan was imported;Exports totaled 5.226 trillion yuan. China still maintains a steady trade surplus.
In addition, China's CPI (consumer consumption index) rose a modest 1.1 percent, and per capita disposable income rose 6.3 percent year-on-year to 10,345 yuan in nominal terms.In the first quarter of this year, in the face of a complicated international environment and frequent Covid-19 outbreaks at home, The Chinese economy maintained a steady and sound trend, the national economy continued to recover and develop, and the overall economic performance was stable.
