Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China sees 6.3% GDP growth in H1

By Xin Zhiming | chinadaily.com.cn | Updated: 2019-07-15 10:01
Share
Share - WeChat
A night view of the Beijing CBD on June 3, 2019. [Photo/IC]

China's economic growth weakened to 6.2 percent year-on-year in the second quarter, but remained stable on the whole in the first half of this year at 6.3 percent, according to data released by the National Bureau of Statistics on Monday.

The country's industrial output rose by 6.3 percent year-on-year in June, compared with 5 percent in the previous month, official data showed.

But in the first half of this year, industrial output growth dropped to 6 percent, down from 6.5 percent in the first quarter.

Mao Shengyong, spokesperson for the National Bureau of Statistics, at a news briefing held in Beijing, on July 15, 2019. [Photo/China Daily by Zhu Xingxin]

Fixed-asset investment growth was 5.8 percent in the first six months combined, compared with 6.3 percent in the first quarter, according to the NBS.

Retail sales increased by 8.4 percent year-on-year in the first half of this year, compared with 8.3 percent in the first quarter, the data showed.

Production rises 34.6 percent for new energy vehicles and 20.1 percent for solar cells year-on-year in H1, the NBS said.

The bureau said that growth remained on track despite increasing external uncertainties and new downward growth pressure.

Top
BACK TO THE TOP
English
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
CLOSE