Stellar performance from tertiary sector energizes Beijing's economy

Beijing has seen steady economic growth in the first half of this year, with major contributions from the tertiary sector's robust growth and upgrades to traditional industries, although there are some uncertainties in international trade relations.

Data from the municipal statistics bureau show that Beijing's GDP achieved 1,405.12 billion yuan ($209.17 billion) in the first half of 2018, up 6.8 percent year-on-year, which is the same with China's GDP growth rate in the first six months.

The growth rate is 0.1 percentage point higher than the first quarter, highlighting an outstanding economic performance during the second quarter when the country saw a slowing of the GDP growth rate at 6.7 percent.