Hangzhou:

Geely and Daimler AG Will Set up a Factory and Make smart in China

News
   Local
   National
   International
Business
   Investment Guides
   Enterprises
Education
   Prominent Educators
   Preparatory Schools
   Colleges and universities
Travel
   WestLake
   Museums
   SceneSpots
   LocalProducts
Photos
   News photo
   Features
   Hotels
   Restaurants
   Other Links
   Shopping Focus
 
HangZhou News>>News>>National>>
Chinese economy expands 6.4 pct in Q1
en.hangzhou.com.cn  2019/04/17 11:12  Xinhua

BEIJING, April 17 (Xinhua) -- Chinese economy expanded 6.4 percent year on year in the first quarter of this year, official data showed Wednesday.

China's GDP reached 21.343 trillion yuan (about 3.18 trillion U.S. dollars) in the first three months of 2019, and the growth pace was the same with that of Q4 2018, the National Bureau of Statistics (NBS) said in a statement.

The tertiary sector reported the strongest growth in added value by expanding 7 percent to reach 12.232 trillion yuan, which accounted for 57.3 percent of the total Q1 GDP, picking up by 0.6 percentage points compared with Q1 2018.

Consumption continued to be the mainstay in driving up demand, contributing 65.1 percent to Q1 economic growth, NBS data showed.

The industrial and agricultural sectors saw their added value grow 6.1 percent and 2.7 percent respectively. 

Author: Editor:Xiao Yimin
 
© Copyright HangZhou.com.cn , All Rights Reserved. Contact us