The volume of industrial production in China in January-February this year increased by 35.1 percent, which was the largest increase in annual terms in several decades.

The largest growth was in the equipment manufacturing and high-tech sectors (plus 59.9 and 49.2 percent, accordingly). Retail sales also accelerated in two months and soared 33.8 percent. Foreign investment in the Chinese economy jumped 34.2 percent. Exports increased by 50.1 percent for two months, imports – by 14.5 percent.

China could be the first country which will relax stimulus after the crisis. However, Beijing must understand how not to suppress the pace of recovery and provide the stability of the stock market. The PRC authorities have designated GDP growth at the level of “over six percent” as a goal for the year. The IMF predicts that the country’s economy will increase by eight percent this year.