China announces huge economic growth in first quarter

The transcript discusses the preliminary calculation of the GDP for the first quarter, which amounts to 50,287 billion yuan, showing an 11.1% year-on-year growth. The growth rate is 0.7 percentage points faster than the same period last year. The national consumer price index (CPI) increased by 2.7% year-on-year, with a 3.3% increase in March compared to the previous year, and a month-on-month decrease of 0.3%. The increase is 1.5 percentage points higher than the same period last year.

Who is introduced at the beginning of the video?

• Mr. Li Xiaochao

• Mr. Zhang Wei

• Mr. Chen Ming

• Mr. Wang Lei

What is the preliminary estimate of the first quarter GDP?

• 55000 billion yuan

• 50287 billion yuan

• 60000 billion yuan

• 45000 billion yuan

By how much did the GDP growth rate increase compared to the previous year?

• 1.0 percentage points

• 1.2 percentage points

• 0.5 percentage points

• 0.7 percentage points

What was the year-on-year increase in the national consumer price level in March?

• 3.0%

• 2.5%

• 2.7%

• 3.3%

How did the consumer price level change month-on-month?

• Increased by 0.5%

• Remained the same

• Increased by 0.3%

• Decreased by 0.3%