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2023 China Economic Half Year Report: YoY Growth of 5.5%!
2021-10-15   1693

The National Bureau of Statistics released data on the 17th, preliminary calculations show that the gross domestic product (GDP) for the first half of the year was 59303.4 billion yuan, a year-on-year increase of 5.5% at constant prices, which is 1.0 percentage point faster than the first quarter.

From the perspective of different industries,

The added value of the primary industry was 3.0416 trillion yuan, a year-on-year increase of 3.7%;

The added value of the secondary industry was 23068.2 billion yuan, an increase of 4.3%;

The added value of the tertiary industry was 3.31937 trillion yuan, an increase of 6.4%.

Looking at it quarterly,

The gross domestic product (GDP) grew by 4.5% year-on-year in the first quarter and 6.3% in the second quarter. From a month on month perspective, the gross domestic product (GDP) grew by 0.8% in the second quarter.