Virus-hit Chinese economy shrinks 6.8 pct in Q1

Battle Against Novel Coronavirus

 

China's gross domestic product stood at 20.65 trillion yuan (about 2.91 trillion U.S. dollars) in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year, data from the National Bureau of Statistics showed Friday.

 

China's retail sales down 19 pct in Q1

 

China's retail sales of consumer goods, a major indicator of consumption growth, declined 19 percent year on year in the first quarter of this year as the novel coronavirus outbreak hit the economy, the National Bureau of Statistics (NBS) said Friday.

 

China's industrial output falls 8.4 pct in Q1

 

China's value-added industrial output, an important economic indicator, fell 8.4 percent in the first quarter of this year, as the novel coronavirus outbreak deals a huge blow to industrial production, data from the National Bureau of Statistics showed Friday. 

 

Source:ECNS

Please Contact Us at：

media@xindemarine.com