|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Chinese Economy Grew 6.8% in Q3

BEIJING – The Chinese economy grew by 6.8 percent in the third quarter of the year compared to the same period in 2016, according to the National Bureau of Statistics.

With these figures, China’s Gross Domestic Product (GDP) grew by 6.9 percent year-on-year during the first nine months of 2017, reaching 59.32 trillion yuan ($9.12 trillion).

Xing Zhihong, a spokesperson for the National Bureau of Statistics, said at a press conference that during the July-September period, “the national economy grew steadily with rapidly growing new driving forces.”

These figures provide “a solid basis for achieving the annual goal of economic development,” Xing added.

Chinese authorities have set an economic growth target of around 6.5 percent for 2017, and just last week they were confident that they would match and even exceed this figure.

Earlier this month, the International Monetary Fund (IMF) increased its growth forecast for China by one tenth to 6.8 percent.

The National Bureau of Statistics also released reports on other economic indicators, such as retail sales, which rose 10.3 percent year-on-year in September, meaning that the retail industry have grown 10.4 percent in the first nine months of the year.

Fixed asset investment increased by 7.5 percent from January to September compared to the same period of 2016.

In addition, real estate investment increased by 8.1 percent between January-September.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved