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Article: 3rd Ld: China's GDP up 6.1 pct in Q1 2009
- Article from:
- Xinhua News Agency
- Article date:
- April 16, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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3rd Ld: China's GDP up 6.1 pct in Q1 2009
BEIJING, April 16 (Xinhua) -- China's economy expanded by 6.1
percent year on year in the first quarter, official data showed
Thursday.
The quarterly growth rate was the lowest in 10 years as the
global financial crisis continued to affect the world's fastest-
growing economy. It was 4.5 percentage points lower than the first
quarter of 2008 and down 0.7 percentage points from the previous
quarter.
Gross domestic product (GDP) reached 6.5745 trillion yuan (939
billion U.S. dollars) in the first quarter, Li Xiaochao, spokesman
of the National Bureau of Statistics (NBS), told a press conference.
POSITIVE SIGNS
Li said the government's stimulus ...