The National Bureau of Statistics has officially released the economic performance data for the first half of the year on the morning of July 15th.
Figures show that the Gross Domestic Product for the first half of the year reached 69.5704 trillion yuan, representing a year-on-year increase of 4.7% when calculated at constant prices.
During the first six months, the value added of agriculture (crop farming) rose by 3.6% year-on-year.
The value added of industrial enterprises above a designated size nationwide increased by 5.4% compared to the same period last year.
The value added of the service sector saw a year-on-year growth of 5.2%.
Total retail sales of consumer goods and services grew by 2.7% year-on-year, with service retail sales up 5.3% and goods retail sales up 1.1%.
Nationwide investment in fixed assets, excluding rural households, amounted to 22.637 trillion yuan, marking a decrease of 5.7% from the previous year. When excluding real estate development, fixed-asset investment fell by 2.7%.
The total value of goods imports and exports was 25.4686 trillion yuan, reflecting a substantial year-on-year increase of 16.9%.
The national Consumer Price Index rose by 1.0% compared to the same period last year.
The national Producer Price Index for industrial products increased by 1.5% year-on-year.
The average surveyed urban unemployment rate across the country stood at 5.2%.
The per capita disposable income of national residents was 22,981 yuan, representing a nominal year-on-year increase of 5.2% and a real increase of 4.2% after adjusting for inflation.
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