CHINAUS AFRICAASIA 中文双语Français
Business\Economy

China's GDP grows 6.9% in Q2

Xinhua | Updated: 2017-07-17 12:01

BEIJING — China's GDP rose 6.9 percent year-on-year in the second quarter of 2017, flat from the first quarter, official data showed Monday.

The pace was slightly higher than previous market consensus of 6.8 percent and well above the government's annual target of "around 6.5 percent."

In the first half, the growth rate was also 6.9 percent, the National Bureau of Statistics (NBS) said in a statement.

"The national economy performed within an appropriate range with more visible good momentum," NBS said.

The quarterly pace came up from 6.7 percent for the first three quarters of 2016 and 6.8 percent for the final quarter of last year.

On a quarter-on-quarter basis, the GDP rose 1.7 percent in the second quarter.

On Monday, NBS also reported faster growth of retail sales of consumer goods and industrial production.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US