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China's Economic Growth Remained Stable in First Quarter

Apr 13 , 2017

China's economic growth remained stable in the first quarter of 2017, the state planner said on Thursday.

China's economy likely grew by a solid 6.8 percent in the first quarter, the same pace as the previous quarter, due to sustained government infrastructure spending and a gravity-defying housing market, a Reuters poll of 60 economists showed.

The National Development and Reform Commission also said on Thursday that China approved 240.9 billion yuan $35.04 billion) of fixed-asset investments in the first quarter. 

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