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China’s economy grows 6.7% year on year in Q1

Updated: Apr 15,2016 10:44 AM     Xinhua

BEIJING — China’s gross domestic product grew 6.7 percent year on year in the first quarter of 2016 to reach 15.9 trillion yuan ($2.4 trillion), the National Bureau of Statistics said on April 15.

The growth further slowed from the previous quarter’s 6.8 percent, which was already the lowest quarterly rate since the global financial crisis.