Regional growth in Q1 seen as reason for optimism, experts say–China Economic Net

First-quarter economic growth across various regions in China posted a steady start to the year, showcasing the resilience and potential of the economy despite headwinds from resurgent domestic COVID-19 cases and mounting uncertainties, experts said on Tuesday. Zhou Maohua, an analyst at China Everbright Bank, said the steady growth at the regional level in the first quarter suggests more balanced development, with central areas reporting the most robust performance. As of Tuesday, 28 provinces, autonomous regions and municipalities reported positive first-quarter economic growth. Among the 28 provincial-level regions, 21 outperformed China’s overall first-quarter 4.8 percent GDP growth, while six regions…