"The strong growth and better external demand has provided room for a faster pace of countercyclical monetary policy tightening".
The latest figures indicate China's economy is on track to meet its official growth target a good sign for China's communist leaders, who don't like surprises and are preparing for a twice-a-decade party congress in the autumn to appoint new leaders.
Spending by the central and local governments rose 21 percent from a year earlier.
It is "no big deal" if economic growth slips by some tenths of a percentage point in the near future, he said, noting that China's economic growth rate has become less volatile in recent years, with 6.9% for Y 2015, 6.7% for Y 2016 and 6.9% for Q-1 of Y 2017.
They said the government's announcement last month that it would build a vast new economic zone in the relatively unprosperous area of Xiong'an shows authorities have a "tendency to rely on infrastructure development to sustain growth".
Chinese government has a target of around 6.5 percent growth in 2017, below its target of 6.5-7 percent a year ago.
Looking ahead, Orlik said China's real estate controls will ultimately take a toll on economic growth, and uncertain trade ties with the US could hurt exports. Every sector is showing a positive graph of growth now and has been expected to stay stable at least until the end of this year.
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"Generally speaking, the national economy has continued with stable and sound momentum in the first quarter as growth rebounded moderately and economic adjustment was steadily promoted", Mao said.
The National Bureau of Statistics (NBS) said on Monday overall investment in fixed assets, including factories as well as office towers and apartment buildings, climbed 8.8 percent for the first quarter, little changed from a pace of 8.9 percent for the first two months of the year despite the central bank's modest moves to limit credit.
Here's what juiced real estate prices even more: The country's domestic debt ratio (total debt to GDP) rose by 28% of Chinese GDP in the 12 months through last June-which was a faster pace than during China's 2008-2009 stimulus boom, according to Emerging Advisors Group.
"Sales (growth) has started falling, which means tightening measures are starting to take effect", said Shen Jianguang, an analyst at Mizuho Securities in Hong Kong. In Guangzhou, the last major city to announce buying curbs, prices gained 2.5 percent. Nonetheless, with the acceleration in credit growth that helped drive the recent recovery now being reversed, we still expect the economy to begin slowing before long.
Retail sales growth beat expectations, rising to 10 percent year-on-year in the first quarter, down by 0.4 percentage points compared with 2016 as a whole. It is unlikely distortions would undermine much what is a strong economic report.
The unexpectedly robust growth was largely boosted by infrastructure investment and the housing market.
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