Workers assemble an automobile in JAC Motors’ Shandong factory on June 30, 2020. [Photo/Sipa]

– China’s GDP grew by 3.2 percent year-on-year in the second quarter, the National Bureau of Statistics said on Thursday.

In the first half of the year, the gross domestic product totaled 45.66 trillion yuan, down 1.6 percent year-on-year, the bureau said.

– China’s surveyed unemployment rate in urban areas stood at 5.7 percent in June, 0.2 percentage points lower than that of May.

– China’s value-added industrial output, an important economic indicator, went up 4.4 percent year-on-year in the second quarter as factories stepped up production amid COVID-19 control.

– China’s fixed-asset investment went down 3.1 percent year-on-year in the first half of 2020, narrowing from the 6.3-percent decline in the first five months.

– China’s retail sales of consumer goods declined 3.9 percent year-on-year in the second quarter of this year.

– China’s investment in property development edged up 1.9 percent year-on-year in the first half of 2020, compared with the 7.7-percent decline during the January-March period.

– China’s per capita disposable income stood at 15,666 yuan in the first half of the year, up 2.4 percent from the same period last year in nominal terms. After deducting price factors, per capita disposable income fell 1.3 percent year-on-year.

– China’s industrial capacity utilization rate stood at 74.4 percent in the second quarter of 2020, up 7.1 percentage points from the first quarter

– Output of the primary industry rose 0.9 percent year-on-year, while the service sector and the secondary industry saw a decline of 1.6 percent and 1.9 percent, respectively.

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Via China Daily