Wednesday, April 18, 2018
China's economic growth reached 6.8% in first quarter
ANBOUND
In the first quarter this year, China's economic growth was 6.8%, which was in line with market expectations; the consumer and private investment data also show good performance. According to the National Bureau of Statistics of China, in the first quarter, consumption increased by 9.8% compares with the performance last year, and the growth rate was 0.1% higher than that in January-February. Among these, the growth rate of consumption in March was 10.1%, which was 0.4% higher than that in January-February. Statistics also shows that in the first quarter, private investment increased by 8.9% compares with last year, and the growth rate was 0.8% higher than that in January-February and 1.2% points higher than the same period of last year.