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BEIJING (Reuters) - Consumption accounted for 60 percent of China's economic growth in the six months of this year, said China statistics agency spokesman after data showed the economy grew 7 percent between April and June, slightly better than forecast.
In contrast, capital formation accounted for 35.7 percent of China's 7 percent economic growth in the first-half of the year, Sheng Laiyun said at a media briefing. Net exports contributed 4.3 percent to first-half economic growth, he said.
(Reporting by Kevin Yao and Koh Gui Qing; Editing by Shri Navaratnam)
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