Preliminary calculations showed that China’s Gross Domestic Product (GDP) topped 20 trillion yuan last year, 10.5 percent higher than the previous year, said Ma Kai, director of the National Development and Reform Commission in a report on current economic situation and tasks of the economic work of this year, on January 12.
Last year, China’s financial revenue reached 3.9 trillion yuan, an increase of more than 700 billion yuan over the previous year, and commodity prices remained largely stable. The per capita net income of farmers and per capita disposable income of urban residents were expected to grow 6 percent and 11 percent respectively in real term. The production of grain, which had been increasing for two years, registered another growth of more than 6 billion kilograms by totaling 490 billion kilograms.
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1 user commented in " China´s economy grew 10.5% last year. Trade surplus up. "
Follow-up comment rss or Leave a Trackbacki live in china for last 10 years . i am first time openning a secret of chinese . they make a fool of the people . as there is always two balance sheets one is given to the bank , second is given to the taxation department . No one knows from where the frowth comes in .saving of the people fell in between the to according the requirement of the diferant industires by the wink of the govt. their bottam line and top line are almost same . some of the govt industries are performing well due to the preferential policies. .
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