China's GDP leaps to 11.9 pc in first quarter

Posted By: Staff
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Beijing, Apr 15: China has yet again managed to jolt the world by posting a massive GDP of 11.9 per cent in the first quarter (Q1) of 2010.

The data released by the government on Thursday, Apr 15 beats the forecast as well the 10.7 per cent growth in the last quarter of 2009.

According to the China"s National Bureau of Statistics, consumer price index rose 2.4 percent in Mar 2010 versus Mar 2009. The producer price index surged 5.2 per cent in the same period.

China's GDP growth points at the Asian giant's journey towards recovery from the economic crisis.

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