The GDP of the 1st quarter of 2021 grew by 18.3% year on year in PRC. As the same period of 2020 was amid the peak of Covid-19 pandemic and in the state of lock-down of the whole country, a simple growth of 18.3% could not clearly indicate the degree of a recovery of growth of Chinese economy. The GDP of the 1st quarter of 2021 grew by 10.3% compared with that of the 1st quarter of 2019. Averagely, for each year on year by adjusting the Covid-19 existence, it grew by 5.0%. Hence, we now could clearly see a full recovery and even a remarkable growth backing of Chinese economy. However, we have seen a further need for a return to the past growth track since the GDP of the 1st quarter of 2019 grew by 6.4% year on year. If we consider a much bigger base number of the quarterly GDP for 2021, it would strongly boost the new jobs creation though the growth rate decreased a bit. That is what GDP growth real meaning for a country like PRC.  

At the end of 2020, the major countries worldwide began to get their citizens vaccinated. Till the end of the 1st quarter of 2021, the Covid-19 pandemic got effective controls in the countries like US, UK, Israel, etc., which have had much higher rates of being vaccinated among their citizens. Among them, Israel got above 60% of its total population vaccinated. Although Israel has a very high density of its population into its country land, which would lead to a much easier infection outbreak, Israel reports a close to zero for new cases and mortality. It shows to us that the mass immune state is expected to accomplish if a rate of being vaccinated is above 60% of its whole population. If India speeds up its measures for its people to be vaccinated, the recent and possible future waves of ourbreaks would be contained effectively though the Covid-19 virus types changed or variants reportedly there. We anticipate that the whole world will get out of the pandemic shadow to be back to our normal life in the second half till the end of 2021. This will be highly hopefully realized by all of us altogether.   

Source of Economic Data Shown above for China: National Bureau of Statistics of China