HomeNewsWorldChina GDP rises 9.5% in Q2, June industrial output up 15.1%

China GDP rises 9.5% in Q2, June industrial output up 15.1%

China's annual gross domestic product growth eased to 9.5 in the second quarter of 2011 from 9.7% in the previous quarter, the National Bureau of Statistics said on Wednesday.

July 13, 2011 / 19:23 IST

China's annual gross domestic product growth eased to 9.5 in the second quarter of 2011 from 9.7% in the previous quarter, the National Bureau of Statistics said on Wednesday.

But the growth rate was stronger than market expectations of 9.4%.

China's GDP in April-June was up 2.2% from the first quarter of 2011 on a seasonally adjusted basis, the statistics agency added. It marked a slight acceleration from the 2.1% recorded in the first quarter of this year. GDP in the first half totalled 20.45 trillion yuan.

Also read: China's June PMI hits 28-month low as global slowdown bites

Industrial output for the second quarter rose 15.1% in June from a year earlier. Also, Inflation-adjusted urban per-capita disposable incomes were up 7.6% from a year earlier in real terms in the first half. Real rural per-capita cash incomes were up 13.7%.

first published: Jul 13, 2011 08:41 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347