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China says its economy grew 2.3% in 2020, but consumer spending fell

Время: 2021-01-21 Хиты : 11

PUBLISHED SUN, JAN 17 20218:45 PM ESTUPDATED SUN, JAN 17 202110:07 PM EST

Источник: CNBC

Эвелин Ченг@CHENGEVELYN


 

ОСНОВНЫЕ ПУНКТЫ

· China reported GDP rose 2.3% last year as the world struggled to contain the coronavirus pandemic.

· Gross domestic product grew by 6.5% in the fourth quarter from a year ago, official data from National Bureau of Statistics showed.

· Economists expected China to have been the only major economy to grow last year, and predicted GDP expanded by just over 2%.

 

 

 

BEIJING — China reported GDP rose 2.3% last year as the world struggled to contain the coronavirus pandemic.

Gross domestic product grew by 6.5% in the fourth quarter from a year ago, official data from National Bureau of Statistics showed.

However, Chinese consumers remained reluctant to spend, as retail sales contracted 3.9% for the year. Retail sales for the fourth quarter rose 4.6% from a year ago.

Online sales of consumer goods rose at a relatively rapid pace of 14.8% last year, the statistics bureau said, but the proportion of overall retail sales held fairly steady at around one-fourth.

Economists expected China to have been the only major economy to grow last year, and predicted GDP expanded by just over 2%.


 

 

 

Covid-19 впервые появился в китайском городе Ухань в конце 2019 года. В целях борьбы с вирусом власти Китая закрыли более половины страны, а за первые три месяца 6.8 года экономика сократилась на 2020%.

Однако, China returned to growth by the second quarter. Economists polled by Reuters predicted GDP would increase 6.1% in the fourth quarter, faster than the 4.9% pace of the prior quarter.

Показатель роста ВВП Китая в этом году будет снижен.

В конце декабря National Bureau of Statistics lowered China’s official growth rate for 2019 to 6.0%, versus the previously reported 6.1%. The cut primarily occurred in manufacturing, as factories dealt with new U.S. tariffs on billions of dollars’ worth of Chinese goods.