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World / Asia

GDP of China’s financial sector grew by 5.9% in Q2

Published: 19 Jul 2022 - 08:37 am | Last Updated: 19 Jul 2022 - 08:37 am

QNA

Beijing: China’s financial sector GDP went up 5.9 percent in the second quarter from a year ago to 2.4249 trillion yuan about ($359.23bn).

The property sector GDP went down 7 percent in the second quarter year on year to 1.8605 trillion yuan, data from the Chinese National Bureau of Statistics showed.

The GDP growth by sector followed Friday’s data that the country’s GDP grew 0.4 percent in the second quarter from a year ago to 29.2464 trillion yuan.
China’s crude oil output saw steady expansion, rising 4 percent year on year in the first six months.

China imported 252.52 million tons of crude oil, down 3.1 percent year on year.