China GDP growth slows to 8pct in Q2


14/07/2012 08:34 AST  China Knowledge

China Knowledge quoted according to latest statistics released by the National Bureau of Statistics that China gross domestic product grew 7.6% YoY in the second quarter of this year.

The GDP growth in Q2 was lower than the 8.1% increase in Q1. On a QoQ basis, the country's GDP in Q2 grew 1.8% from the previous quarter.

In the first six months, China GDP totaled about CNY 22.71 trillion up by 7.8% YoY. The GDP included CNY 1.75 trillion generated by the primary sector up by 4.3%YoY.

CNY 11.10 trillion and CNY 9.87 trillion were generated in the secondary sector and the tertiary sector in the first half up by 8.3%YoY and 7.7%YoY respectively.

The bureau also said that the country's summer grain output climbed 2.8% YoY to 129.95 million tonnes.

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