China GDP Grew 6.9% in 1H 2017 Preliminary Estimates
Beijing | 17th July 2017
According to the preliminary estimation, the gross domestic product (GDP) of China was 38,149.0 billion yuan in the first half of 2017, a year-on-year increase of 6.9 percent at comparable prices. Specifically, the year-on-year growth was 6.9 percent for the first quarter, and 6.9 percent for the second quarter.
” GDP Grew 6.9% YOY “
In the first half year of 2017, under the strong leadership of the Central Committee of the Communist Party of China with Comrade Xi Jinping at its core, all regions and departments earnestly implemented the decisions and arrangements made by the Party Central Committee and the State Council, stuck to the general principle of seeking progress while maintaining performance stable, guided the new normal in China’s economic development using the new development philosophy, focused on supply-side structural reform, gave central importance to improving the quality and returns, deepened reform and innovation, and paid close attention to policy implementation.
The national economy performed within an appropriate range with more visible good momentum and achieved steady growth, rise in employment, stable prices, income growth and optimizing structures. National economic development became more stable, coordinated and sustainable.
Official Press Release by National Bureau of Statistics of the People ‘s Republic of China
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