The growth of China's GDP in the second quarter of 2020 amounted to 3.2%
The growth of China's GDP in the second quarter of 2020 amounted to 3.2% after a sharp drop in the ground due to pandemic coronavirus, according to data published on Thursday by the state statistical Bureau of China.
"The growth of China's GDP in the second quarter of 2020 amounted to 3.2%," - said in the report.
The second quarter was much better than analysts ' forecasts, who had expected China's economy on the background of significant progress in the fight against the epidemic and the full resumption of production will return to a positive trend, but growth will be only 2.4%.
China's GDP for the first quarter under the impact of the epidemic of the coronavirus fell by 6.8%, for the first time, the Chinese economy went negative since 1992. The Chinese authorities against the background of the pandemic and its impact on the economy has not started to set targets for growth of GDP in 2020. Typically, targets for GDP growth is voiced in the annual report of the Premier of the state Council of China Li Keqiang at the opening session of Parliament, but this year it did not happen.
By the end of 2019, the Chinese economy grew by 6.1 percent, retaining its status as the second largest economy in the world.