CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the GDP of china in first quarter of the year 2017
A
18.07 trillion yuan
B
12.01 trillion yuan
C
3.56 trillion yuan
D
2.54 trillion Yuan
Explanation: 

Detailed explanation-1: -On a quarterly basis, China’s GDP grew by 4.8 percent in the first quarter, 0.4 percent in the second quarter, 3.9 percent in the third quarter, and 2.9 percent in the fourth quarter. On a quarter-on-quarter basis, GDP for the fourth quarter stayed the same as that for the third quarter.

Detailed explanation-2: -China Real GDP QoQ is at 0.00%, compared to 3.90% last quarter and 1.40% last year. This is lower than the long term average of 1.59%.

Detailed explanation-3: -The gross national income[3] in 2017 was 82, 501.6 billion yuan, up by 7.0 percent over the previous year. By the end of 2017, the total number of Chinese population at the mainland reached 1, 390.08 million, an increase of 7.37 million over that at the end of 2016.

Detailed explanation-4: -Total GDP reached 27 trillion yuan with growth of 4.8% in Q1. Total fixed asset investment reached 10.5 trillion yuan and increased by 9.3% Total real estate investment went up 0.7% to reach 2.8 trillion yuan.

There is 1 question to complete.