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Monday, January 21, 2019

Economic security

China's economy expands 6.6 pct in 2018


In the midst of a complex external environment, China's economy has ended 2018 on firm footing, with better quality and improved structure.
The world's second-largest economy grew 6.6 percent year on year in 2018, above the official target of around 6.5 percent, data from the National Bureau of Statistics (NBS) showed Monday.
The reading was lower than the 6.8-percent growth registered in 2017.
Growth in the fourth quarter came in at 6.4 percent, down from 6.5 percent seen in the third quarter, NBS data showed.
The country's economy has performed within a reasonable range in 2018, with economic growth being generally stable and improvement achieved in performance, Ning Jizhe, head of the NBS, said at a press conference.

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