China's gross domestic product (GDP) in the first half of the year was 2.96868 trillion yuan, up 7.0% year on year in comparable prices, according to preliminary calculations released by the national bureau of statistics on the morning of the 15th, .The growth rate in the first quarter was 7.0% year on year, and that in the second quarter was 7.0%.The added value of the primary industry was 2025.5 billion yuan, up 3.5% year on year.The added value of the secondary industry is 12,964.8 billion yuan, up 6.1%;The added value of the tertiary industry is 14.6965 trillion yuan, up 8.4%.On a quarter-on-quarter basis, GDP grew by 1.7% in the second quarter.
According to the data, China's economy is in the stage of bottoming out and stabilizing. In the second quarter, investment growth declined, export growth was negative, but consumption was stable.Thanks to a series of policies and measures taken by the central government, the growth rate of major indicators in the second quarter stabilized and improved, the national economy experienced positive changes, and the vitality and momentum of economic development increased.However, we must also note that the economic environment at home and abroad remains complex, and the global economic recovery is tortuous and slow.