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Economic growth in Q1 drops to 7.4%

By Zheng Yangpeng in Beijing, Fu Jing in Brussels and Zhang Chunyan in London | China Daily | Updated: 2014-04-17 07:09

Policymakers say figures within reasonable range

Stock markets in Shanghai and Hong Kong closed slightly higher on Wednesday after China reported first quarter GDP growth of 7.4 percent year-on-year, beating market expectations of 7.2 to 7.3 percent.

It is the lowest quarterly growth figure since the third quarter of 2012, although there were positive data for the job market and household income.

Economic growth in Q1 drops to 7.4%

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