---
title: China kicks off the year on strong note as retail, industrial data tops expectations - CNBC
description: "- Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters’ poll, while industrial production increased 7%, compared with estimates of 5% growth.\n- Fixed asset investment rose by 4.2%, more than the forecast of 3.2%.\n- Online retail sales of physical goods rose by 14.4% from a year ago during the first two months of the year."
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [China kicks off the year on strong note as retail, industrial data tops expectations - CNBC](https://blog.syzgroup.com/syz-the-moment/china-kicks-off-the-year-on-strong-note-as-retail-industrial-data-tops-expectations-cnbc)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Mar 18, 2024, 4:40:05 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/china-kicks-off-the-year-on-strong-note-as-retail-industrial-data-tops-expectations-cnbc)

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