NBS: China Q1 GDP up 4.8%, economy continues recovery
China's gross domestic product (GDP) grew 4.8% on year to Yuan 27.02 trillion ($4.24 trillion) for the first quarter of this year, with the growth rate up 0.8 percentage point from Q4 last year, indicating that the country's economy continued to recover, according to the latest release from the country's National Bureau of Statistics on April 18.