China Q1 GDP Grows 5%, Exports Surge 14.7%, Beating Forecasts

China's National Bureau of Statistics released Q1 GDP growth of 5% year-on-year, surpassing consensus expectations of 4.8% and accelerating from the prior quarter's 4.5%. Industrial production grew 6.1% and exports jumped 14.7%, though March retail sales lagged at just 1.7%, signaling persistent domestic weakness.