China Growth to Bottom Out After Sluggish First Quarter, CCB's Cui Says

The transcript discusses the unexpected rise in industrial production figures, surpassing economist predictions. It highlights the influence of seasonal factors, such as the Chinese New Year, on economic data. The discussion suggests that the economy is recovering from a sluggish first quarter, affected by trade wars and government policies. Future quarters are expected to show improvement in construction, retail sales, and investment. The government maintains a flexible growth target of 6 to 6.5%, with the potential to exceed this range.

What is the emerging consensus regarding the first quarter of 2019?

What flexibility does the government want regarding the growth expectations?