• News
  • Economy
news photo
24 out of 26 provinces see increase in GDP growth

Of 26 provinces that have released their latest economic data, 24 posted an increase in GDP growth in the second quarter, while stable growth remained a major priority for the latter half of the year, [Businesses Registration]reported Shanghai Securities News.

Chongqing municipal and Guizhou province are the only two that reported a double-digit year-on-year growth in the first six months, 11 percent and 10.7 percent respectively.

Anhui and Shandong province saw their latest growth rate in line with the first quarter.

Liaoning province, ranked at the bottom, grew 2.6 percent in the first half of the year. Its full-year growth target was 6 percent.

Beijing and Shanghai municipals reported a 7 percent growth with better-poised economic structure, said the newspaper, as finance, information and technology services contributed to 73.7 percent of the capital's GDP growth.

Economic powerhouse Guangdong province grew 7.7 percent in the first half of the year, up from first quarter's 7.2 percent.

China's GDP expanded 7 percent year-on-year in the second quarter, earlier data from the National Bureau of Statistics showed, remaining unchanged from its first-quarter.

The nation's economic slowdown is likely to grind to a halt by the end of this year or the first half of 2016, [Hong Kong company registration]and the GDP growth rate will stay around 7 percent, according to Xinhua citing Li Daokui, director of Tsinghua University's Center for China in the World Economy, on Thursday.


Hongkong Tel : +852-2537 7886 Fax : 2537 7780   Add : 21F, Lippo Centre Tower 2, 89 Queensway, Admiralty, HK
Beijing Tel : +86-10-5979 7566 Fax : 5885 7463 Shanghai Tel : +86-21-6252 4952 Fax : 6091 7720
Tianjin Tel : +86-022-5829 8755 Fax : 5867 5735 Nanjing Tel : +86-25-8467 1161 Fax : 8467 1194
Guangzhou Tel : +86-20-2208 2580 Fax : 2208 2579 Shenzhen Tel : +86-755-8270 1877 Fax : 8270 1875
Hangzhou Tel : +86-571-8788 6788 Fax : 8607 5868 Ningbo Tel : +86-574-8772 9255 Fax : 8772 9216
Dalian Tel : +86-411-8250 6091 Fax : 8250 6094 Qingdao Tel : +86-532-8090 2580 Fax : 8090 2590
Xiamen Tel : +86-592-3299 299 Fax : 3299 199 Fuzhou Tel : +86-591-8389 1762 Fax : 8389 1752