Trade Resources Economy China's GDP Indicated a Year-on-Year Increase of 7.4 Percent in First Quarter

China's GDP Indicated a Year-on-Year Increase of 7.4 Percent in First Quarter

China's gross domestic product (GDP) indicated a year-on-year increase of 7.4 percent to RMB 12.8213 trillion ($2.1 trillion) in the first quarter of the current year, as announced by China's National Bureau of Statistics (NBS) on April 16.

In the quarter in question, China's domestic primary industry, secondary industry and tertiary industry respectively contributed RMB 777.6 billion ($126.9 billion), RMB 5.7587 trillion ($0.94 trillion) and RMB 6.285 trillion ($1.03 trillion) to the country's GDP, up 3.5 percent, 7.3 percent and 7.8 percent respectively on year-on-year basis.

Source: http://www.steelorbis.com/steel-news/latest-news/chinas-gdp-up-74-percent-in-first-quarter-823879.htm
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China's GDP up 7.4 Percent in First Quarter
Topics: Metallurgy