Chinese economy shows signs of positive changes

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PATTAYA, (Thailand), April 11 (Xinhua): Chinese Premier Wen Jiabao, in an interview with Hong Kong and Macao reporters here Saturday, said that the Chinese economy showed signs of better than expected positive changes in the first quarter, as a result of stimulation by a series of policy measures adopted.
Firstly, the domestic demand rose on a sustainable basis. Meanwhile, investment in fixed assets increased rapidly and consumer demand grew steadily and relatively rapidly. Although lower from the same period of last year, imports and exports grew on a month-on-month basis in the three-month period, Wen said.
This indicates that some sectors and enterprises in China are in a process of gradual recovery.
Secondly, industries above the designated size registered month-on-month growth, with a year-on-year increase of 3.8 per cent in both January and February, and a year-on-year increase of 8.3 per cent in March.
And fourthly, the market confidence went up and the economy became more active over the first three months, with increases in both the stock market and housing market transaction volumes.