hsbc.co.uk: China GDP Growth To 7.5% in The Second Quarter
China expanded at an impressive 7.5 percent rate in the second quarter, with market expectation growth to 7.5%.
National Bureau of Statistics(NBS) of China announced in Monday, its GDP in the second quarter rose to 7.5% from a year earlier, and the growth is slower than the 7.7% of the first season.
The economist reached 7.5% forecast in the hsbc.co.uk survey.
The NBS expressed after the seasonal adjustment, China's economy in the second quarter is 1.7% higher than that of the first quarter.
China's industrial added value inJune is 8.9% higher from a year eariler, with market expectation growth to 9.1%.
China's gross retail sales rose 13.3% compared with the same period last year, ringing up 1.26%./Mei Zhu
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