China factories put weight behind forecast-busting 6.9% GDP
China's energy intensity, the amount of energy consumed per unit of GDP, decreased 3.8 percent year-on-year in the first quarter, the National Bureau of Statistics said Monday.
Beijing has set an official economic growth target of around 6.5 percent for 2017, down from last year's 6.8 percent growth.
That's slightly higher than the 6.8% figure recorded in the fourth quarter of previous year - and above what some economists had been predicting.
The economy grew at just 6.7 percent in 2016, its slowest rate in a quarter of a century.
In separate releases on Monday, the National Bureau of Statistics said industrial production rose 7.6% in the 12 months through March. "Thanks to strong investment and property, the economy is performing well".
During the first quarter, investment in fixed assets such as factories expanded 9.2 percent from a year earlier, while retail sales grew 10 percent. The total value added from the tertiary sector accounted for 56.5% of the nation's GDP.
The strong reading should help underpin wobbly global financial markets but adds to worries that China's government is still relying too heavily on stimulus and "old economy" growth drivers and is not doing enough to tackle risks from an explosive build-up in debt.
China saw its slowest growth in almost three decades in 2016.
The government trimmed this year's growth goal to around 6.5 percent last month from a range of 6.5 to 7 per cent for 2016, a move expected to provide more wiggle room for reforms. Relatively cheap credit spurred booming property sales.
"For the first time in ... recent years, China starts a year with a strong headline GDP", ANZ Banking Group's chief China economist, Raymond Yeung, told Bloomberg.
He said that they landed in Pyongyang at 4.30pm on the same day, but were only allowed to take off at around 7.45pm. Kim was assassinated at Kuala Lumpur International Airport 2 on Feb 13 while waiting for a flight to Macau.
He told Sky Sports: "We're delighted with the clean sheet and the performance". "That in Italy and Spain does not happen". That is why I am so glad for the fans we have because it is the first time in my life I have experienced that'.
Any updates or changes to the schedule or the event itself will be posted on the Auburn Parks and Recreation's Facebook page. In 1993, it was moved once more to its current location, and it has found its home in Kiesel Park for the last 25 years.
Roberto Firmino scored a victor for the second weekend running as Liverpool beat West Brom to go third in the Premier League. Meanwhile, Manchester United midfielder in question, Herrera, has insisted team-mate Rashford's goal deserved to stand.
He encouraged people to report any information about any other victims or the suspect's whereabouts to the authorities. Stephens is a case manager at Beech Brook, a children's mental health facility in north eastern Cleveland .
DeLaet, who shared the lead with Luke Donald after Friday's play, bogeyed the final hole to miss an opportunity to tie Dufner. Dufner had two eagles in a six-under par 65 to take a one-shot lead going into the final round in SC .
Then again, if, as we suspect, Bixby won't be such a big deal, it shouldn't matter that the S8's flagship feature is missing. Therefore, shipping the Galaxy S8 with a crippled Bixby makes the entire thing more confounding.
The adviser is traveling with Vice President Mike Pence, who arrived in Seoul in the afternoon to start a 10-day trip to Asia. Just as the Trump administration attempts to recruit China's help in dealing with North Korea, McMaster also addressed U.S.
After casting his ballot in his native Guayaquil, Lasso said he voted "for change, so Ecuador can recover its freedom". The head of the electoral council, a favorite punching bag of the opposition, appealed for calm.
U.S. secretary of state Rex Tillerson is greeted by Russian foreign minister Sergei Lavrov in Moscow on Wednesday. Secretary of State Rex Tillerson, right back to the camera, during their talks in Moscow , Russia, April 12, 2017.
A Pakistani military court sentenced Kulbhushan Jadhav to death on Monday, convicting him of spying for R&AW in Balochistan. The Indian film industry also slammed Pakistan.
Gorsuch confirmed; Senate approves Trump nominee, 54-45
Vice President Mike Pence presided over the final vote Friday, even though his vote as a tie-breaker was not necessary. Most experts expect Gorsuch to be more aligned with the court's two conservatives, Samuel Alito and Clarence Thomas.
Selena Gomez shares first-ever selfie with The Weeknd
After all , Selena has been pretty much doing that as she's traveled across various continents with The Weeknd while he's on tour. Recently, the couple was spotted expressing affection for each other at Coachella Valley Music and Arts Festival 2017.
Cormier retains light heavyweight belt, retires Johnson
Cote goes out as one of the most accomplished Canadian fighters in MMA history. "If he wants a rematch, he can have his rematch". The lines might be a bit reputation-based, but Mousasi has won four consecutive fights whereas Weidman has lost his last two.
Prabhu launches new rail coach with glass roof, GPS
The train will run from Visakhapatnam Railway Station to Araku through video conference from Bhubaneswar through video conference. Distinct features like the glass roof inside these new coaches will now allows the commuters to enjoy the outside view.
Borussia Dortmund angry at UEFA after bus bomb attack
Speaking in a press conference, Tuchel said: "Compared to what happened on Tuesday, the importance of the game is zero". Dortmund midfielder Nuri Sahin admitted football was far from his mind, particularly in the opening 45 minutes.
All passengers on United Flight 3411 to receive compensation
Dao was the only passenger who did not agree to leave after being chosen. "Currently, (Dao and his family) are focused only on Dr. The United CEO had previously referred to Dao as a " disruptive and belligerent passenger " in an internal company communication.
United beat Chelsea, offer hope to Spurs
The Red Devils are four points behind fourth-placed Manchester City, with a trip to the Etihad Stadium on the horizon on April 27. The result boosted United's chances of finishing in the top four and continued their long unbeaten run in the Premier League.
Cavaliers to sign Dahntay Jones for playoffs
Throughout the season, in the rare times they did get to practice, they worked on defensive strategies with the playoffs in mind. The numbers, the accolades, the publicity is all less important than bringing home the title at the end of the season.
United to pay compensation to plane passengers
Alderman Mike Zalewski said he did not know who will represent the airline before the city council's Aviation Committee. Three other passengers eventually agreed to leave, but Dao insisted he needed to return home to care for patients.
Final Four matchups that could make the difference
Of course, the Bulldogs also were faced with the historical mountain of having never played in a Final Four game either. The Gamecocks were down as many as 14 in the second half, but responded with 14 straight points to tie it at 65.
Tax Deadline Pushed to Tuesday
This online system is credited for cutting in half the number of taxpayers crowding BIR district offices on deadline day . There is no need to file a separate Form 4868 when making an electronic payment and indicating it is for an extension.