China's economy grows 8.1% in first quarter

CHINA (Notifix).- Gross Domestic Product (GDP) of China grew by 8.1% in the first quarter of 2012, representing eight tenths less than in the last three months of 2011 and

its lowest level in nearly three years, according to the National Bureau of Statistics of China. Specifically, the agricultural sector experienced a growth of 3.8%, while China's industrial output rose by 9.1% and retail trade registered an inter annual hike of 7.5%. On a quarterly basis, China's economy registered an improvement of 1.8% over the last three months of 2011.

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