GDP growth in Q3 is 6.8% (YOY), maintaining strong growth between 6.7% to 6.9% consecutively for 9 months.
Consumption is 64.5% of GDP, increased by 2.8% compared to 2016.
Fixed-asset investment in Q1-3 is 45,847.8… more
GDP of 2nd quarter expanded 6.9% year-on-year
Industrial output was up 7.6% in June year-on-year which beat the estimated 6.5% increase
Fixed-asset investment rose 8.6% in the first half of this year which also… more
China plans to build a “first-class international city” called “Xiong’an New Area” from scratch which will cover 2,000 square kilometers, making it almost 300% larger than New York City or Singapore;… more
China has lowered its expectation for economic growth to around 6.5% in 2017 which is still in line with analyst predictions.
The budget deficit target is at 3% of GDP in 2017, while the target for China… more