China's economy has seen 15 months of sustained recovery.

In the midst of the ravages of the new crown epidemic, China's economy has achieved 15 months of sustained recovery. And in the latest first quarter of 2021, economic growth topped 18% straight away, arguably making it one of the fastest growing GDPs in the world. And in such a situation, many people are also more excited and very optimistic about the country's economy, and there are even many people who believe that the standard of the domestic economy as well as its vitality has far exceeded the rest of the world. So today I'm going to share with you some of my thoughts on the domestic economic market.

First, why is there such massive economic growth?

We all know that after the New Crown vaccine was developed, although it is still in short supply, it has now been experimented on and promoted in many countries and populations above. So in a way, the new crown virus has been suppressed. In such a situation, if the economy is not able to be restored, it is obvious that it is not a normal thing, and the economic recovery of other countries will naturally give rise to our domestic economic growth, knowing that China is the world's largest factory in the world.

Second, the center of gravity represented by this economic growth.

From the data given by the National Bureau of Statistics, it can be seen that the economic growth this time is mainly concentrated in some traditional manufacturing industries and some retail industries, from which it can be seen that our basic industries are gradually recovering, and the consumption ability of the residents as well as the import and export is gradually improving. So from both short-term and long-term perspectives, the domestic and international situation is relatively optimistic.

Thirdly, how do you think about the current economic market situation in China?

As I said above, I am still optimistic about the domestic economy, but I am not so optimistic about the international economic market, mainly because many countries, under the influence of the new crown epidemic, have already realized how important the domestic basic manufacturing industry is, so they may develop the corresponding industry to be able to cope with such a situation, which will have a certain impact on our industry. This will have some impact on our industries, especially for the import and export trade industry.