As a whole, the national economy in the first quarter of 2016 enjoyed sound development with the functioning of a series of policies and measures adopted by the CPC Central Committee and the State Council. Positive changes showed on major indicators and stability and progress was maintained in economic development, the NBS said.
China's gross domestic product (GDP) in the first quarter of 2016 was 15,852.6 billion yuan, a year-on-year increase of 6.7 per cent, the National#
“However, we must be aware that we are in a critical stage of transformation and upgrading as well as replacing old drivers of growth with new ones. Difficulties on structural adjustment persist and downward pressure on the economy cannot be ignored,” the NBS cautioned. (SH)
ALCHEMPro News Desk – India
marketing@alchempro.com
