China's economy in the April-June period grew a real 4.7 percent from a year earlier, official data showed Monday, with the pace of expansion slowing from the previous quarter amid a continued property sector crisis, trade disputes and weak demand.
The expansion in inflation-adjusted gross domestic product of the world's second-largest economy decelerated from 5.3 percent in the previous three months, with the first quarter strong figure attributed to stimulus measures. Beijing has set a growth target of around 5 percent for 2024.