China’s economy grew 5% in the first quarter, faster than expected, as strong exports helped offset weak domestic demand.

Growth slightly improved from the previous quarter, but officials warned that global uncertainty and weak consumption remain major risks.

Investment in infrastructure and real estate was weaker than forecast, with the property sector continuing a sharp decline.

Retail sales growth slowed in March, while industrial output remained relatively strong but eased from February levels, CNBC has reported.

Economists say rising external pressures, including potential energy shocks linked to the Iran conflict, could threaten future momentum.