Since the launch of Code 19, China has become the first country in the world to record an unexpected 3.2 percent economic growth in the current quarter.
It is to be noted that after the end of the lockdown in China, business activities have been allowed to resume, however, the SOPs specified by the government in this regard are being implemented.
The three-month growth rate was reported on Thursday and ended in June, according to the Associated Press.
It should be noted that the economy had declined by 6.8% in the previous quarter, but after the end of the lockdown, it has now seen a dramatic improvement.
The worst example of economic performance in China is in the 1960s.
"We expect the next quarter to see continued improvement," said Marcella Chow of the JPMorgan administration.
The Corona virus outbreak began in December in China.
Read also: China plans to introduce first corona vaccine
The ruling Communist Party began the expected process of shutting down and reviving the first economy in March after announcing control of the disease.
The National Bureau of Statistics (NBS) said in a statement that "the national economy grew at a slower pace in the first half of 2020, reaching its current level."
Bill Adams of the PNC Financial Services Group said in a report that the epidemic is winning and losing, with industrialization leading to recovery for China.
Private-sector analysts say 30 percent of urban dwellers were temporarily fired.
The ruling party in May pledged 28 280 billion to meet other targets, including creating 900,000 jobs.
In China, 4,634 deaths and 83,611 confirmed cases of corona virus were reported.
No local transmission cases have been reported in Beijing since the outbreak.
The report, released on April 18, said the Chinese economy suffered in the first quarter from the corona virus decades later.
The BBC reports that official figures show that the world's second-largest economy has shrunk to 6.8 percent.
China is a major player in the world's economy, accounting for a large share of the world's production, exports and imports of goods.
