China emerges as second largest economy of the world

China emerges as second largest economy of the world

BEIJING: China's economy grew 6.9 percent in the first quarter of 2017, government data showed Monday, a sign of stabilisation in the world's second-largest economy.

"The national economy in the first quarter has maintained the momentum of steady and sound development," the National Bureau of Statistics said in a statement.

It added that "positive changes kept emerging and major indicators performed better than expected". (APP)