China first-quarter GDP grows 6.8 pc, slightly more than expected

Cornelia Mascio
Aprile 17, 2018

Workers carry their tools and belongings as they climb down the Jiankou section of the Great Wall, located in Huairou District, north of Beijing, China, June 7, 2017.

China's economy grew 6.8% in Q1 of 2018, the country's Statistics Bureau announced today.

GDP reached 19.88 trillion yuan (about 3.2 trillion USA dollars) in the first three months of 2018, up 6.8 percent year on year at comparable prices, unchanged from the growth rate in the previous quarter, according to the National Bureau of Statistics (NBS).

The data points to continued resilience in the world's second-largest economy even as its export outlook is being clouded by escalating tensions with the United States, its largest trading partner.

Analysts polled by Reuters had expected gross domestic product (GDP) to expand 6.7 per cent in the January-March quarter, slowing only marginally from 6.8 percent growth in the previous two quarters.

The GDP growth rate has stayed within the range of 6.7 percent to 6.9 percent for 11 quarters, with the jobless rate and inflation remaining stable, he said.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE