China s economy performed well in the first quarter, but don t be misled by fake data online

Mondo Finance Updated on 2024-01-31

The National Bureau of Statistics recently released GDP data for the first quarter of 2023, showing that China's economy achieved 28The total economic output of 5 trillion yuan increased by 4 percent year-on-year5% with a nominal growth rate of 497%。This is a gratifying start and a testament to the resilience and potential of China's economy.

As the world's second largest economy, how much is the GDP gap between China and the United States?How long will it take for us to catch up with the United States?This is a problem that many people are concerned about, but on the Internet, some people use false data to mislead the public and create ** interference. I saw an article on the Internet in which the author claimed to be a "creator in the field of high-quality finance", but claimed in the article that the GDP of the United States in the first quarter was only 389 trillion US dollars, 300 billion US dollars less than China, 7 lower than China8%。The article also got 1134 likes, which really shocked me.

The data in this article is simply fabricated and has no basis at all. The GDP data for the first quarter of the United States has not yet been released, and there are only some ** on the Internet, and they are all year-on-year growth, not absolute values. The data that this author got from **, could it be that he dreamed about it when he was dreaming?

Even if the GDP of the United States in the first quarter is really 389 trillion US dollars, that also indicates that the US economy has experienced a serious contraction in the first quarter, because the GDP in the first quarter of 2022 is 5$98 trillion. The author also said that US GDP grew by 6 percent year-on-year in the first quarter4%, which is even more ridiculous. According to this logic, the GDP of the United States in the first quarter of 2022 was only 3$66 trillion, which is 2 less than the actual figure$32 trillion, equivalent to the GDP of Italy or Canada.

What is the GDP of the United States in the first quarter of this year?We can refer to the ** of some professional institutions, and it is generally believed that the real GDP growth rate of the United States in the first quarter is about 2%, and the nominal growth rate is more than 4%. According to this estimate, the GDP of the United States in the first quarter should be at 6Around $2 trillion, at least not less than 6$1 trillion, which is 57% higher than the figure in this article.

What I want to say is that there is a lot of fake news on the Internet, especially some content that can cause emotions, and some authors do not hesitate to fabricate facts and mislead readers in order to attract traffic, which is very irresponsible. I also found that many people now have a kind of hostility and jealousy towards the United States, and as long as an article that says that the United States is bad, it will get a lot of likes, regardless of whether the data is true or not. This is a kind of ignorant and blind mentality, and it is also a kind of Ah Q spirit, which is easy to be taken advantage of and deceived.

China's economic performance in the first quarter is something to be proud of, and we also surprised the world with our March export data. China doesn't need to beautify its achievements with fake data, nor does it need to show that it's strong by belittling others. We should be confident, but we should also be self-aware, not blinded by fake data, and more independent thinking and rational analysis.

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