(MENAFN- Saudi Press Agency) China's economy grew in the second quarter of thisyear by 7 per cent year-on-year, the National Bureau of Statistics announced in Beijing on Wednesday, slightly out pacing predictions.
Growth was also 7 per cent in the previous quarter, according to the authority.
Analysts had expected a slightly weaker growth of 6.9 per cent forthe second quarter.
Meanwhile, growth of investment in fixed assets had slowed down 2.1 percentage points from the first quarter.
China's economy expanded 7.4 per cent in 2014, its slowest pace in nearly a quarter century, after growth of 7.7 per cent in both 2012 and 2013.
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