First term: 5.4 percent increase in China's GDP

Beijing, April 16 (IANS). According to the data released by the Chinese National Bureau of Statistics, GDP (GDP) in China was in the first quarter of this year 318 trillion 75 billion 80 million Yuan, which rose by 5.4 percent from the first quarter of the previous year at stable prices. According to the data, the additional value of agriculture increased by 4 percent in the first quarter compared to the same period last year, the additional value of industrial enterprises above the specified size increased by 6.5 percent from the first quarter of the previous year and the additional price of the service industry rose by 5.3 percent from the first quarter of last year. In addition, total retail sales of consumer goods in the first quarter were 124 trillion 67 billion 10 million yuan, which was an increase of 4.6 percent compared to the first quarter of the previous year. The national investment investment (except farmers) was 103 trillion 17 billion 40 million yuan, which was an increase of 4.2 percent and the total value of importing goods was 103 trillion 1 billion 30 million yuan, which was 1.3 percent from the first quarter of last year. Shang Laayun, deputy director of the National Statistical Bureau, said at the press conference that the national economy in the first quarter, when the influence of various comprehensive economic policy continued, increased the national economy smoothly and well, the leading role of innovation and the new kneading energy development accelerated. He said that in the next phase it is necessary to implement more active and effective comprehensive economic policy, to fully stimulate the Vitational institutions, actively combat the uncertainty of the external environment and promote stable progress and continuous improvement in economic activities. (Sincerely- China Media Group, Beijing) -Ins ABM/ Share these Story Tags