2020.07.16 14:59 GMT+8

China's Q2 GDP growth recovers to 3.2% after steep slump

Updated 2020.07.16 14:59 GMT+8
CGTN

China's economy returned to modest growth in the second quarter of 2020 and reverted from the first contraction on record in the first quarter this year, as COVID-19 eases and policymakers announced economic packages, official data showed Thursday. 

The world's second-largest economy grew by 3.2 percent in April-June from a year earlier, reversing a 6.8-percent decline in the first quarter – the first contraction since at least 1992 when official quarterly gross domestic product (GDP) records started, according to China's National Bureau of Statistics.

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