China Focus: China's economy expands 6.9 pct in 2017, beats forecasts

    Source: Xinhua| 2018-01-18 18:14:46|Editor: Yamei
    Video PlayerClose

    CHINA-BEIJING-STATE COUNCIL-PRESS CONFERENCE-ECONOMY (CN)

    Ning Jizhe (C), head of the National Bureau of Statistics, speaks at a press conference held by the State Council Information Office on China's economy in 2017 in Beijing, capital of China, Jan. 18, 2018. (Xinhua/Li Xin)

    BEIJING, Jan. 18 (Xinhua) -- China's economy ended 2017 on strong footing with a better-than-expected growth rate and improved structure, official data showed Thursday.

    The world's second largest economy expanded 6.9 percent year-on-year in 2017, higher than the 6.7 percent growth registered in 2016, data from the National Bureau of Statistics (NBS) showed.

    The reading marked the first acceleration in the annual growth pace in seven years and was well above the official target of around 6.5 percent.

    "Major macroeconomic indicators all beat market expectations, pointing to economic stabilization," said Ning Jizhe, head of the NBS.

    Growth in the fourth quarter came in at 6.8 percent, unchanged from the rate seen in the third quarter.

    Gross domestic product (GDP) totaled 82.71 trillion yuan (about 12.84 trillion U.S. dollars) in 2017, with the service sector accounting for more than half of the total.

    Consumption was the major growth driver, contributing 58.8 percent to GDP growth last year.

    The strong growth was also helped by robust trade, which reversed a downward trend seen in the previous two years and contributed about 9 percent to GDP expansion in 2017.

    A breakdown of the data showed improved economic structure, with new growth drivers emerging and outdated capacity fading.

    New-energy vehicles, industrial robots, solar power and integrated circuit outshone most other industries in terms of output, growing 51.1 percent, 68.1 percent, 38 percent and 18.2 percent, respectively, year on year, contributing to a pick-up in industrial output growth in 2017.

    On the other hand, mining and cement sectors saw their output decline 1.5 percent and 0.2 percent, respectively, while the textile and coal industries only grew 4 percent and 3.2 percent, respectively.

    The data also showed strong consumption potential in rural areas, with retail sales surging 11.8 percent last year, outpacing the 10 percent rate in urban areas.

    Private investment reached 38.15 trillion yuan, up 6 percent year on year, 2.8 percentage points faster than the previous year, accounting for 60.4 percent of the total investment.

       1 2 Next  

    KEY WORDS: China
    EXPLORE XINHUANET
    010020070750000000000000011103261369057691
    主站蜘蛛池模板: 国内精品久久久久久99蜜桃| 果冻传媒高清完整版在线观看 | 精品亚洲欧美无人区乱码| 国产精品99re| gay精牛cum| 无码国产福利av私拍| 亚洲伊人久久大香线蕉结合 | 在线视频你懂的国产福利| 久久久无码精品亚洲日韩蜜桃| 欧美日韩国产另类在线观看| 动漫人物差差差动漫网站| 高清粉嫩无套内谢2020| 国产精品视频无圣光一区| 一男n女高h后宫| 日本年轻的继坶中文字幕| 亚洲午夜精品久久久久久人妖| 穆天阳吃饭还在顶是哪一章节| 国产亚洲精品美女久久久| 香蕉啪视频在线观看视频久| 天天做天天摸天天爽天天爱| 丰满人妻熟妇乱又仑精品| 最新视频-88av| 亚洲欧美日韩精品在线| 精品一区二区久久久久久久网站| 国产乱妇无码大片在线观看| h视频在线观看免费观看| 大肉大捧一进一出小视频| 中国高清色视频www| 日本高清成本人视频一区| 亚洲一区二区日韩欧美gif| 波多野结衣中文字幕一区二区三区 | 亚洲国产精彩中文乱码av| 亚洲免费二区三区| 中文字幕无码乱人伦| taoju.tv| 性欧美videos高清喷水| 老头天天吃我奶躁我的视频 | 91亚洲一区二区在线观看不卡| 能在线观看的一区二区三区| 国产成人综合精品一区| 一级黄色免费大片|