Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China economy: First quarter growth beats expectations at 6.4%
Published on: 2019-04-18
Share to
User Rating: / 0
PoorBest 

010China on Wednesday released a slew of official economic data that beat expectations, including the widely anticipated gross domestic product figure.

031Beijing said its economy expanded by 6.4 percent year-on-year in the first quarter of 2019, topping the 6.3 percent that analysts polled by Reuters had expected. China’s economy grew by 6.4 percent year-on-year in the fourth quarter of last year, and 6.8 percent in the first quarter of 2018.

Workers check parts at a factory in Fujian provinceWorkers check parts at a factory in Fujian province

The Asian economic giant also released other economic indicators:

- Industrial production jumped 8.5 percent year-on-year in March — surging past the 5.9 percent estimated by Reuters to register the fastest growth since July 2014.

032- Retail sales for March grew by 8.7 percent year-on-year, beating Reuters’ projection of 8.4 percent.

033- Fixed asset investment in the first quarter increased by 6.3 percent year-on-year, in line with expectations.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.