www.chinaservicesinfo.com

Latest

China economy expands at 6.4% in Q1: NBS

Updated: Apr 17, 2019 By Xin Zhiming chinadaily.com.cn Print
Share - WeChat
China's GDP growth for 1st quarter of 2019 reached 6.4 percent. [Photo/Xinhua]

China's economy grew at a faster-than-expected 6.4 percent year-on-year in the first quarter, according to data released by the National Bureau of Statistics on Wednesday.

The growth was unchanged from that registered in the fourth quarter of last year.

The country's industrial output posted steady growth in the same period, up by 6.5 percent year-on-year, compared with 5.7 percent in the previous quarter, official data showed.

Fixed-asset investment growth was 6.3 percent in the first quarter, compared with 6.1 percent in the first two months, according to the NBS.

Retail sales increased by 8.3 percent year-on-year in the same period, compared with 8.2 percent in the first two months, the data showed.

The bureau said that "positive factors" have increased regarding economic growth despite external uncertainties and persisting downward growth pressure.

Copyright©2024 China Daily. All rights reserved.

京ICP备13028878号-6

京公网安 京公网安备 11010502032503号