1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      GDP grows 7.8% to top $8 trillion

      2013-01-19 10:34 China Daily     Web Editor: Mo Hong'e comment

      China's GDP for the first time passed $8 trillion, or about 55 percent the size of the US economy, after the world's second-largest economy struggled to speed up growth in the fourth quarter.

      Based on yearly growth of 7.8 percent, the government announced on Friday that the country's 2012 GDP was 51.9 trillion yuan ($8.28 trillion).

      GDP grew 7.9 percent in the final quarter, compared with 7.4 percent in the third and 7.6 percent in the second.

      China's growth continued to be the highest among leading world economies, although it was its slowest in 13 years.

      What was special about the year, according to Ma Jiantang, chief of the National Bureau of Statistics, was that consumption surpassed investment to become the largest contributor to the economy's growth. Its contribution to GDP was 51.8 percent, opposed to 50.4 percent from capital investment, while the contribution from net exports was minus 2.2 percent.

      Rather than chasing an increasing speed of growth, the government has been focused on rebalancing the economy and improving its growth model, Ma said. Progress was achieved in the economy's structural adjustment, he said.

      The Chinese economy is likely to grow steadily in 2013 and maintain an annual growth rate between 7 and 8 percent in the long term, Ma said.

      Lian Ping, chief economist with the Bank of Communications, said that investment will be the main driving force for growth.

      Investment is expected to increase faster and the housing market, now under government curbs, may be showing a stronger tendency to rise, he said.

      Lian predicted that GDP growth may accelerate to 8.5 percent in 2013.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲s码欧洲m码吹潮| 无码免费又爽又高潮喷水的视频| 亚洲精品国产肉丝袜久久| 亚洲日韩久久综合中文字幕| 国产va免费精品| 色婷婷7777免费视频在线观看 | 国产自偷亚洲精品页65页| 亚洲综合成人网在线观看| 亚洲av成人无码网站…| 24小时日本电影免费看| 亚洲欧洲一区二区三区| 亚洲美国产亚洲AV| 国产美女无遮挡免费网站| 亚洲伊人久久大香线蕉啊| 中国好声音第二季免费播放| 97无码免费人妻超级碰碰夜夜| 亚洲一级毛片免费观看| 久久99精品免费视频| 亚洲精品无码久久不卡| 黄色视屏在线免费播放| 亚洲av无码不卡私人影院| 色偷偷女男人的天堂亚洲网| 无码人妻久久一区二区三区免费| 亚洲国产日韩一区高清在线| 精品多毛少妇人妻AV免费久久 | 中文字幕亚洲精品资源网| 久青草视频在线观看免费| 亚洲高清国产AV拍精品青青草原| 成在线人直播免费视频| 亚洲αv久久久噜噜噜噜噜| 久久www免费人成精品香蕉| 亚洲av永久无码精品漫画 | 国产午夜精品理论片免费观看| 911精品国产亚洲日本美国韩国| 日本亚洲免费无线码| 久久亚洲熟女cc98cm| 最新免费jlzzjlzz在线播放| 亚洲精品一卡2卡3卡三卡四卡| 韩国二级毛片免费播放| 亚洲国产精品无码中文lv| 国产自偷亚洲精品页65页|