Employees work on a battery production line at Jiangsu Yongda Power Supply Co. on March 26, 2024 in Suqian, Jiangsu province of China.
BEIJING — China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.
China's official data on retail sales, industrial production and fixed asset investment for January and February beat expectations across the board.
The China Beige Book said it surveyed 1,436 businesses between March 1 and 23, split roughly between state-owned and non-state-owned firms.
"China Beige Book's March data show the economy poised for a strong end to Q1," the report said.
Persons:
H, Qazi
Organizations:
Jiangsu Yongda Power Supply
Locations:
Jiangsu, Suqian, China, BEIJING, U.S