Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

Chinese economy grew 6.7 per cent in 2016

China,Business/Economy, Tue, 10 Jan 2017 IANS

Beijing, Jan 10 (IANS) Chinese economy was estimated to have grown about 6.7 per cent in 2016, the country's top economic planner said on Tuesday.

The world's second largest economy registered the same growth rate in the first, second and third quarters last year, Xinhua news agency quoted Xu Shaoshi, director of the National Development and Reform Commission, as saying.

Consumption accounted for 71 per cent of growth in 2016 -- up 13 percentage points.

He said the economy would exceed 70 trillion yuan ($10.1 trillion), and the growth was remarkable among major economies.

Citing a report by the International Monetary Fund, Xu said China had contributed 1.2 percentage points or over 30 per cent of the world's economic growth in 2016.

--IANS

py/dg


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.