China's GDP Grew By 6.4% Year-on-Year In 1st Quarter Of 2019 - Statistics Bureau

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China's GDP Grew By 6.4% Year-on-Year in 1st Quarter of 2019 - Statistics Bureau

BEIJING (UrduPoint News / Sputnik - 17th April, 2019) China's economy expanded by 6.4 percent year-on-year in the first quarter of 2019, the National Bureau of Statistics said in a statement on Wednesday.

"According to preliminary estimates, in the first quarter of 2019, China's GDP growth year-on-year amounted to 21.

34 trillion Yuan [$3.2 billion], year-on-year growth [stood] at 6.4 percent," the statement read.

China has set an economic growth target of about 6-6.5 percent for 2019.

Last year, China's economy grew by 6.6 percent, the lowest pace since 1990s.

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