ChinaIn the second quarter of this year, the economy increased by only 0.4%year -on -year, lower than market forecasts. In the first half of the year, GDP (GDP) increased by 2.5%year -on -year.
The data released by the website of the National Bureau of Statistics on Friday (July 15) showed that preliminary accounting, the total domestic product in the second quarter was 292,46.4 billion yuan (RMB, the same below, 6078.7 billion new new new new, 6078.7 billion yuan newYuan), a year -on -year increase of 0.4%.In the first half of the year, the GDP was 560,264.2 billion yuan, a year -on -year increase of 2.5%.
The Chinese economy increased by 4.8%year -on -year.Reuters earlier investigations predicted that China's economic growth in the second quarter will slow to 1%.Bloomberg reported that the economist predicted that China's economic growth in the second quarter was 1.2%.
Official data also shows that the Chinese economy shrinks 2.6%month -on -month.Reuters' forecast is 1.5%.
Although China ’s national fixed asset investment (excluding farmers) in the first half of the year increased by 6.1%year -on -year, real estate development investment decreased by 5.4%.The sales area of commercial housing nationwide fell by 22.2%, and the sales of commercial housing fell 28.9%.
The Statistics Bureau admits that since this year, the international environment has become more complicated and severe, and the domestic epidemic situation in China has been exacerbated, which is not conducive to significantly increase, and economic development is extremely unusual.The downward pressure on the quarterly economy has increased significantly.
Fu Linghui, a spokesman for the National Bureau of Statistics, said at the press conference that the external environment is complicated and severe, and the domestic economic recovery still faces many challenges., Promoting the implementation of a package of policies and measures to be effective, and promoting the sustainable and healthy development of the economy.
