GDP growth in the first quarter remained at around 7.5%

Abstract In 2014, the economic recovery in developed countries remained stable, while emerging economies experienced a slowdown in growth, leading to an overall improvement in the global economy. In 2013, China's economic development continued to contribute positively, with favorable factors playing a significant role. The ongoing reforms of the economic system were expected to provide new momentum for future growth, and the macroeconomic environment was likely to maintain a steady trajectory. However, challenges such as overcapacity, potential financial risks, and market imbalances in real estate continued to accumulate, creating downward pressures on the economy. During the first quarter of 2014, GDP showed signs of stabilization, with preliminary estimates suggesting a growth of around 7.5% and an increase in CPI by approximately 2.4%. To sustain this progress, it was recommended to continue maintaining a prudent monetary policy alongside an active fiscal strategy. Efforts should be made to stimulate domestic demand through urbanization, accelerate reforms in state-owned enterprises, factor markets, finance, and taxation, and strengthen the microeconomic foundation to ensure more effective macroeconomic policies.