Xinhua News Agency: China's economy grew by 5.3% year-on-year in the first half of the year

According to Xinhua News Agency, the Chinese economy grew by 5.3% year-on-year in the first half of the year. Preliminary calculations show that the gross domestic product (GDP) for the first half of the year was 6605.36 billion yuan, a year-on-year increase of 5.3% at constant prices. In terms of industries, the added value of the primary industry was 3117.2 billion yuan, a year-on-year increase of 3.7%; The added value of the secondary industry was 2.3905 trillion yuan, an increase of 5.3%; The added value of the tertiary industry was 3903.14 billion yuan, an increase of 5.5%. By quarter, the gross domestic product (GDP) grew by 5.4% year-on-year in the first quarter and 5.2% in the second quarter. From a month on month perspective, the gross domestic product (GDP) grew by 1.1% in the second quarter.