The primary economic index has remained stable — but GDP has accelerated.

According to preliminary calculations, the gross domestic product of the first three quarters of 2018 has reached 650.899 billion yuan and increased by 6.7% year-on-year.

The economic growth rate still runs at the medium-to-high speed range of 6.7%-6.9%, which indicates that the economy is generally stable. The goal to create 1.1 million of new jobs has been reached in advance and the per capita disposable income has exceeded the limit of 20,000 RMB. The price increase has been controlled within the appropriate range, generating an acceleration of the increase in household consumption expenditure; import and export growth have rate rebounded and private investment and manufacturing investments have increased significantly

ResourceChinanews 19 Oct 2018