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China's economic growth remained stable in first quarter - state planner
April 13, 2017 / 2:13 AM / 8 months ago

China's economic growth remained stable in first quarter - state planner

BEIJING (Reuters) - China’s economic growth remained stable in the first quarter of 2017, the state planner said on Thursday.

New vehicles park at a Chinese automobile factory in Shenyang, Liaoning province, June 24, 2014. REUTERS/Stringer

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 (£27.88 billion) of fixed-asset investments in the first quarter.

Reporting by Kevin Yao; Editing by Kim Coghill

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