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- China's economy expanded at the slowest pace since 1990 - NBS
China's economy expanded at the slowest pace since 1990 - NBS
China's GDP growth rate in 2019 was 6.1% compared to 6.6% in 2018, which is generally in line with the official forecast, according to data from National Bureau of Statistics.
"According to preliminary data, China's gross domestic product in 2019 amounted to 99.086 trillion yuan (14.4 trillion dollars), which is 6.1% more than last year, and corresponds to the expected forecast of 6-6. 5%. In particular, annual GDP growth in the first quarter was 6.4%, in the second - 6.2%, in the third-6%, in the fourth-6%, " said NBS.
In 2018, the growth rate of the Chinese economy slowed to the lowest since 1990 - 6.6%. Nevertheless, China has maintained its status as the world's second largest economy.
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