The gross domestic product (GDP) of China in the first three quarters of this year was 59,328.8 billion yuan (US$8,959.21 billion), a year-on-year increase of 6.9 percent at comparable prices, growing at the same speed as that in the first half of this year, or 0.2 percentage point higher than the same period last year.
Specifically, the value added of the primary industry was 4,122.9 billion yuan (US$622.6 billion), up by 3.7 percent year-on-year; that of the secondary industry was 23,810.9 billion yuan, up by 6.3 percent; and that of the tertiary industry was 31,395.1 billion yuan, up by 7.8 percent.
The GDP for Q3 2017 grew by 6.8 percent year-on-year, maintaining a medium-high growth rate which stayed within the range of 6.7 percent to 6.9 percent for nine consecutive quarters.
In the first three quarters, the investment in fixed assets (excluding rural households) was 45,847.8 billion yuan, a year-on-year growth of 7.5 percent, 0.7 percentage point lower than that in the same period last year. the total investment in real estate development was 8,064.4 billion yuan, a year-on-year growth of 8.1 percent, 2.3 percentage points higher than that in the same period last year.
The total value of imports and exports in the first three quarters was 20,293.0 billion yuan, an increase of 16.6 percent year-on-year. Specifically, the total value of exports was 11,163.0 billion yuan, up by 12.4 percent; the total value of imports was 9,129.9 billion yuan, an increase of 22.3 percent.
In the first three quarters, the national per capita disposable income was 19,342 yuan, a nominal growth of 9.1 percent year-on-year or a real increase of 7.5 percent after deducting price factors, 1.2 percentage points higher compared with the same period last year.
In terms of permanent residence, the per capita disposable income of the urban residents was 27,430 yuan, a real growth of 6.6 percent after deducting price factors. The per capita disposable income of the rural residents was 9,778 yuan, a growth of 7.5 percent in real terms. The per capita income of the urban residents was 2.81 times of that of the rural residents, 0.01 less than the same period last year.