Last week, macro data highlighted the government’s policy support positively influencing China’s economy. The nation’s first-quarter GDP growth registered an impressive 5.4 percent year on year, surpassing market expectations of 5.2 percent. This growth demonstrates resilience amid various challenges. However, analysts warn of underlying issues that may hinder future progress. Traders and investors should keep a watchful eye on upcoming economic data and policy changes that could impact the USD/CNY exchange rate moving forward.