China raised first quarter growth figures to 10.3% from 10.2% on the back of faster than expected growth in farming, fishing and other industries. Citing figures from the National Bureau of Statistics, state media reported economic output of US$541 billion, up US$960 million. Industries like farming, fishing, animal husbandry and forestry made up about half the added growth while the rest came from services. Manufacturing, mining, construction and utilities posted growth slightly below what was reported. Despite the growth, Beijing is trying to slow down spending on new real estate to avoid future financial problems.
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