In the first quarter, retail sales of goods increased by 4.9% year-on-year, compared with a decline of 1.7% in the fourth quarter of the previous year. Fu Linghui said that considering the low base affected by the second quarter of last year, the economic growth rate in the second Quarter of this year may be significantly faster than in first quarter.

"Under the current situation of weak recovery, China's economy has shown positive momentum and injected into the third and fourth quarters"