China: GDP Grew 6.9% and CPI Up 1.4% YOY
Beijing | 8th June 2017
In the first quarter of 2017 the Chinese economy staged a good start as growth stabilized amidst positive signs and economic efficiency improved. The Gross Domestic Product (GDP) grew by 6.9 percent year on year, and the Consumer Price Index (CPI) was up by 1.4 percent year on year.
“China’s GDP Q1 Grew 6.9 percent YOY”
The share of the tertiary industry in the economy continued to rise, industrial production accelerated, and growth of investment in manufacturing and in private investment has rebounded.
Official Press Release by People’s Bank of China
- Visit: People’s Bank of China
- About us: People’s Bank of China
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people. Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?
