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Sunday, October 18, 2015 10:40:24 PM
2015-10-19 10:00
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Overall Economic Development was Stable in the First Three Quarters of 2015
National Bureau of Statistics of China 2015-10-19 10:00
According to the preliminary estimation, the gross domestic product (GDP) of China in the first three quarters of this year was 48,777.4 billion yuan, a year-on-year increase of 6.9 percent at comparable prices. Specifically, the year-on-year growth was 7.0 percent for the first quarter, 7.0 percent for the second quarter and 6.9 percent for the third quarter. The value added of the primary industry was 3,919.5 billion yuan, up by 3.8 percent year-on-year; that of the secondary industry was 19,779.9 billion yuan, up by 6.0 percent; and that of the tertiary industry was 25,077.9 billion yuan, up by 8.4 percent. The gross domestic product of the third quarter of 2015 went up by 1.8 percent on a quarter-on-quarter basis.
Highlights:
- the gross domestic product (GDP) of China in the first three quarters of this year was 48,777.4 billion yuan, a year-on-year increase of 6.9 percent
- primary industry 3,919.5 billion yuan
- secondary industry 19,779.9 billion yuan
- tertiary industry 25,077.9 billion yuan, up 8.4 percent
Shanghai composite index
08/27/15
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An upward breakout (3324-3121) would be very bullish.
10/15/15
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- short term high targets: see chart.
![](http://www.chartupload.com/images/34160668237164442578.jpg)
as of 10/19/15 10hr:36mins (China local date/time, one time zone)
Shanghai copmpsite index takes out major mark 3400
session high 3417.17 (ongoing)(target 3409)
http://gu.qq.com/sh000001
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