After solid 2023, growth on track in Q1

Expert: Consumption expected to further boost economic momentum

China's economy is on track for solid growth in the first quarter after registering a full-year growth of 5.2 percent in 2023, with economic momentum set to further strengthen in the second half, said a senior economist.

"Favorable conditions have set the stage for the Chinese economy to start the year off on a firm footing," said Wang Yiming, vice-chairman of the China Center for International Economic Exchanges and former deputy director of the Development Research Center of the State Council.

A tranche of special treasury bonds worth 1 trillion yuan ($139 billion), approved in October, will drive project investments in the first quarter, Wang said in an exclusive interview with China Daily.