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China's H1 GDP grows 6.3% on year, Q2 rises 6.2%; expands at lowest rate in 27 years

Increase font size  Decrease font size Date:2019-07-16   Views:57
China's National Bureau of Statistics on Monday said the country's first-half gross domestic product rose 6.3% year on year, while its second-quarter GDP grew 6.2% year on year.

Both reflected the slowest year-on-year pace of growth since 1993. NBS' online database provides quarterly GDP growth rates from 1993.
"China's economy continued to operate in a reasonable range, which was broadly stable with a steady and progressive development trend," NBS said on its website.

Prime Minister Li Keqiang previously announced that the government had set China's GDP growth target in the 6 to 6.5% range for 2019, slower than the 6.5% achieved in 2018.
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