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China's GDP Grows 7.9% in Q2

Updated Beijing Time

Chinese economy expanded 7.9 percent year on year in the second quarter, as massive pump-priming and record lending pushed for a rebound from the worst growth in a decade, official data showed Thursday.

The gross domestic product (GDP) grew 7.1 percent from the same period a year ago to 13.99 trillion yuan (2.06 trillion U.S. dollars) in the first half, said the National Bureau of Statistics (NBS).

The world's third largest economy tumbled to 6.1 percent in the first quarter as exports shrank to a decade low.

Source: Xinhua

Editor: Jessie Hwang

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