July 15, 2019 Source: People's Network

Beijing, 15 July (Reporter Lu Yanan) The National Bureau of Statistics announced on July 15 that, according to preliminary calculations, China's GDP in the first half of the year was 450.933 billion yuan, calculated at comparable prices, an increase of 6.3%. In the quarter, the first quarter increased by 6.4% year-on-year and the second quarter increased by 6.2%. The national economy is operating in a reasonable range, continuing the overall stable, steady and progressive development trend.

While economic growth is stable, the economic structure continues to optimize. In the first half of the year, the added value of the tertiary industry accounted for 54.9% of GDP, 0.5 percentage points higher than the same period of the previous year and 15.0 percentage points higher than the secondary industry; the contribution rate of tertiary industry growth to GDP growth 60.3%, higher than the second industry by 23.2 percentage points; strategic emerging industries and high-tech industries in above-scale industries maintained rapid growth. The contribution of final consumer spending growth to economic growth was 60.1%.

The three major battles continued to advance and the results showed. At the end of May, the national local government debt balance was 1989.53 billion yuan, which was controlled within the limits approved by the National People's Congress. Accurate poverty alleviation and effective effect, the per capita disposable income of rural residents in poverty-stricken areas maintained rapid growth. The effectiveness of pollution prevention and control continues to show. According to preliminary calculations, in the first half of the year, the proportion of clean energy consumption such as natural gas, hydropower, nuclear power and wind power accounted for 1.6 percentage points higher than the same period of the previous year, and the energy consumption per unit of GDP decreased by 2.7%.