National Bureau of statistics data released 15, preliminary accounting, in the first quarter of 2016 gross domestic product (GDP) of $158526, calculated at comparable prices, an increase of 6.7%.

"the economy continues a steady progress of development, further promote structural adjustment, accelerate the accumulation of new energy, some of the key indicators of positive changes in the national economy had a good start." National Bureau of Statistics spokesman Sheng Yun said.

sub industry, the first, second and third industry added value of $880 billion 300 million, respectively, 59510 yuan and $90214, an increase of 2.9%, respectively, and 7.6%. In 2015 prices, the first quarter GDP increments of 985 billion 100 million yuan, an increase of more than $22 billion 200 million over the same period last year.

stable agricultural production situation. According to the country’s more than 110 thousand farmers planting intentions survey shows that this year the country intends to grow rice planting area of 0.3%, an increase of wheat, corn fell by 0.9%, cotton fell by 18.8%. In the first quarter, pork, beef and poultry production 22 million 440 thousand tons, down by 3.1%, of which pork production of 14 million 660 thousand tons, down by 5.9%.

industrial production is slow in stabilization. In the first quarter, the national scale industrial added value increased by 5.8% compared to comparable prices, an increase over the previous year, down by 0.3 percentage points over the year from to February to speed up by 0.4 percentage points.

investment growth steadily. A quarter of fixed asset investment (excluding rural households) 85843 billion yuan, representing a nominal increase of 10.7% (after deducting price factors, the actual growth of 13.8%), the growth rate over the previous year to speed up 0.7 percentage points, 0.5 percentage points higher than the year 1 to February.

market sales steady growth. A quarter of the total retail sales of social consumer goods 78024 yuan, representing a nominal increase of 10.3% (after deducting price factors, the actual growth of 9.7%), than last year the growth rate fell 0.4 percentage points, 0.1 percentage points higher than the year 1 to February.

accelerate the pace of structural adjustment. The first quarter of third, industrial added value accounted for 56.9% of GDP, compared to the same period last year increased by 2 percentage points, 19.4 percentage points higher than the second industry; in the western region, above scale industrial added value, fixed asset investment growth rate was faster than the eastern region; one quarter, the unit GDP energy consumption fell 5.3%.

 

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