In July, China reported GDP growth of 5.5 percent year-on-year in the first half of 2023. This was one percentage point faster than the first quarter. Total GDP reached RMB 59.3 trillion (approx. US$8.3 trillion). In the second quarter, GDP grew by 6.3 percent year-on-year, up from 4.5 percent year-on-year growth in the first quarter. …
