E-mail lunthesis@163.com Phone 0551-65179860-7095

China's Economy Expands 6.1 Pct in 2019

Pub Date:20-01-17 14:41 Source:Xinhua

China's economy grew 6.1 percent year on year in 2019, within the government's annual target of 6 to 6.5 percent, the National Bureau of Statistics (NBS) said on Friday.

The reading was lower than the 6.6-percent growth registered in 2018.

Growth in the fourth quarter came in at 6 percent, the same as the growth rate in the third quarter, but lower than the 6.2-percent growth in the second quarter and the 6.4-percent growth in the first quarter, NBS data showed.

Gross domestic product (GDP) totaled 99.09 trillion yuan (14.38 trillion U.S. dollars) in 2019, with the service sector accounting for more than half of the total.

The value-added industrial output, an important economic indicator, expanded 5.7 percent year on year in 2019, slowing from 6.2 percent growth in 2018.

The fixed-asset investment increased 5.4 percent year on year in 2019, flat with the level recorded in the first three quarters.

The retail sales of consumer goods, a major indicator of consumption growth, rose 8 percent year on year in 2019.


Related News
- Anhui's GDP Grows 7.5 Pct in 2019    2020-01-15 08:53
- Provinces announce GDP for H1    2019-08-01 14:59
- Anhui's GDP Grows 8.02% in 2018    2019-01-23 10:16
- Wanjiang Leads Anhui in GDP Growth    2013-09-05 16:12
photo  >>
E China's Hefei Clears Snow to Ensure Safe Trips
Kids in China's Anhui Greet New Year with Paper-cuttings
Video  >>
2020 Happy Chinese New Year: Sharing Spring Festival Traditions around th...
Partial Solar Eclipse Witnessed in Hefei
People  >>
Young Chinese Use Entrepreneurial Skills to Help Their Communities Escape...
Man Builds Solid Career on Iron Painting
Travel  >>
Cultural Experience to Boost Tourism along Yangtze River
Wuhu-Huangshan Expressway to be Completed Next Year
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.