China’s manufacturing sector grew more slowly than finance for the first time in
years, as capital raising via equity issuance supported financial activity
during a quarter marked by a surprise economic rebound. GDP rose 5% in Q1, while
finance and manufacturing grew 6.5% and 6.3% respectively, both outpacing the
broader economy. Consumer-facing sectors such as hotels and catering labeled,
According to the National Bureau of Statistics. Finance, spanning banking,
insurance, and securities, reached a post-pandemic high driven by IPOs and
strong trading activity. China’s equity market also ranked among global top
performers amid war-driven safe-haven demand and resilience to oil shocks.
