China’s gross domestic product (GDP) in the first half of 2019 reached 45.09 trillion yuan (about $6.55 trillion), an increase of 6.3 percent year on year, data from the National Bureau of Statistics (NBS) showed on Monday.
(Graphic: People's Daily app/Wang Xiangyu)
Growth in the second quarter came in at 6.2 percent, down from 6.4 percent that was seen in the first quarter, NBS data showed.
The NBS also revealed other economic data.
China's retail sales of consumer goods rose 8.4 percent year on year in the first half of 2019.
(Graphic: People's Daily app/Wang Zi)
China's fixed-asset investment grew 5.8 percent year on year in the first half of this year, 0.2 percentage points faster than the growth in the first five months.
China's real estate investment increased 10.9 percent year on year in the first half of this year.
The growth was slower than the 11.8-percent expansion recorded in the first quarter.
China's value-added industrial output expanded 6 percent year on year in the first half of 2019.
The growth rate was 0.5 percentage points lower than that recorded in the first quarter of the year.
Consumer price index (CPI)
China’s CPI increased 2.2 percent year on year in the first half of this year, an increase of 0.4 percentage points over the first quarter. Among them, both urban and rural areas rose by 2.2 percent.
(Graphic: People's Daily app/Wang Xiangyu)
Home prices in 70 major Chinese cities continued to stabilize with slower month-on-month price increases in June.
New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- increased 0.2 percent month on month in June, down by 0.1 percentage point from May.
On a monthly basis, new home prices edged up 0.8 percent in 31 second-tier cities, and rose 0.7 percent in 35 third-tier cities.
Job market
China created 7.37 million new urban jobs in the first half of this year.
China's job market remained stable in June, with the surveyed unemployment rate in urban areas standing at 5.1 percent.
The figure went up 0.1 percentage points from the previous month.
China's per capita disposable income stood at 15,294 yuan (about $2,227) in the first half of 2019, up 8.8 percent year on year in nominal terms.
The inflation-adjusted growth was 6.5 percent, 0.2 percentage points higher than the 6.3-percent growth rate for the Chinese economy from January to June.
(With input from Xinhua)