China's GDP grows 6.3 percent in the first half of 2019
#NIXEL'S Blog China's gross domestic product (GDP) expanded 6.3 percent year-on-year in the first half of 2019 to about 45.09 trillion yuan (roughly 6.55 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. Specifically, the GDP increased 6.4 percent in the first quarter and 6.2 percent in the second quarter year-on-year. NBS spokesperson Mao Shengyong said that the GDP growth of 6.3 percent in the first half year was nothing easy amid domestic downward pressure as well as the slowing of world trade. China has firmly promoted reform and innovation, optimized the business environment and reduced taxes and fees on a large scale to support the market instead of resorting to a massive stimulus. In terms of industries, the added value of the primary, secondary and tertiary industries reached 2.320 trillion yuan, 17.998 trillion yuan and 24.774 trillion yuan, up 3.0, 5.8 and 7.0 perc...