China’s GDP grew by 7.6% in the first half of 2013

By | July 15, 2013

Consolidated Report by ChinaAbout.net: Today National Bureau of Statistics released the latest economic data which showed that in the second quarter of 2013, China’s GDP grew by 7.5%, the growth rate was down 0.2 percentage points from the previous quarter. GDP grew by 7.6% in the first half of 2013.

Preliminary accounts showed that in the first half of 2013, the value of China’s GDP (Gross Domestic Product) amounted 24.8009 trillion yuan ($4 trillion), an increase of 7.6% according to comparable prices. Among them, the first quarter GDP increase was 7.7% and 7.5% growth in the second quarter. In term of sub-industries, the primary industry contributed 1.8622 trillion yuan, an increase of 3.0%; the secondary industry contributed 11.7037 trillion yuan, an increase of 7.6%; tertiary industry contributed 11.235 trillion yuan, an increase of 8.3%. From the chain perspective, the second quarter GDP growth was 1.7%.

Steady growth of agricultural production an the summer harvest
 
The national summer grain output reached 131.89 million tons, an increase of 1.96 million tons or 1.5% compared to same period last year. The national rapeseed production amounted 13.48 million tons, an increase of 450,000 tons or 3.4% compared to same period last year. In the first half of 2013, pigs and sheep poultry production reached 39.16 million tons, down 0.2%, of which pork production was 26.14 million tons, an increase of 1.0%. The number of pig in herds was 452,500,000, down 0.6%; the number of slaughtered pigs was 342,110,000, an increase of 1.1%.

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