WORLD


China's economy expanded 6.1% in 2019

Baku, January 17, AZERTAC

China's economy grew 6.1 percent year-on-year in 2019, within the government's annual target of 6 to 6.5 percent, the National Bureau of Statistics said on Friday, according to chinadaily.com.cn.

The reading was lower than the 6.6-percent growth registered in 2018.

Growth in the fourth quarter came in at 6 percent, the same as the growth rate in the third quarter, but lower than the 6.2-percent growth in the second quarter and the 6.4-percent growth in the first quarter, NBS data showed.

Gross domestic product (GDP) totaled 99.09 trillion yuan (US$14.38 trillion) in 2019, with the service sector accounting for more than half of the total.

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