Chinese GDP rises by 11.1 percent in first six months

Thursday, 15 July 2010 17:49:26 (GMT+3)   |  

In the first half of the current year, China's gross domestic product (GDP) amounted to RMB 172,840 billion ($25,530.28 billion), up 11.1 percent year on year. Of the total GDP, primary industry value added was RMB 1,336.7 billion ($197.44 billion), up 3.6 percent year on year; secondary industry value added was RMB 8,583 billion ($1,267.8 billion), up 13.2 percent year on year; and tertiary industry value added was RMB 7,364.3 billion ($1,087.79billion), up 9.6 percent year on year.

Investment in fixed assets has indicated a stable trend, and real estate investment saw a rapid increase. In the first half of the year, total fixed assets investment was RMB 11,418.7 billion ($1,186.66 billion), up 25 percent year on year.

Meanwhile, China's consumer price index (CPI) show moderate uprising trend. Industrial products price show massive increase year on year. In H1, CPI increases 2.6% year on year.

US$1 = RMB6.77


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