(Yicai Global) April 17 -- Stock markets on the Chinese mainland closed higher today after the National Bureau of Statistics posted better-than-expected data for economic expansion in the first quarter.
The Shanghai Composite Index ended 0.29 percent higher at 3,263.12, while the Shenzhen Component Index closed up 0.55 percent at 10,344.43. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, finished 1.17 percent higher at 1,717.44.
China's gross domestic product expanded 6.4 percent to CNY21.3 trillion (USD3.2 trillion) in the first quarter, according to the NBS figures published earlier today. The rate was on par with the final quarter of 2018 and beat the 6.3 percent forecasted growth.
China's economy has had a steady start to 2019 and there are indications of more positives to come, the bureau said.
Editor: James Boynton
