Text: | Print|

China revises 2013 GDP up by 3.4%  

2013年国内生产总值修订增加19174亿元 增幅3.4%

2013年国内生产总值为588019亿元,比初步核算数增加19174亿元,增幅为3.4%。[查看全文]
2014-12-19 10:37 Xinhua Web Editor: Qin Dexing
1

China revised its 2013 economic data, adding 3.4 percent for a final total of 58.8019 trillion yuan (about 9.61 trillion US dollars).

The upward revision, based on more comprehensive data on the manufacturing and service sectors following China's twice-a-decade economic census, will not affect economic growth this year, the National Bureau of Statistics (NBS) said in a statement on its website.

This marks an increase of 1.92 trillion yuan from the previous count.

"The revision of 2013 GDP will affect the size of 2014 GDP, but basically will not affect GDP growth for 2014," NBS said, adding that it was still revising GDP figures for previous years but the work had not been completed.

Despite impressive growth over the past few decades, China's economy was still 56.5 percent the size of the United States after the revision, based on average exchange rates in 2013, according to the NBS.

Its per-capita GDP in 2013 was raised to 6,995 U.S. dollars from 6,767 dollars, but this was only about two thirds of the world's average level, the bureau said.

The tertiary industry, or the service sector, accounted for 46.9 percent of China's 2013 GDP, up from an initial estimate of 46.1 percent, while the secondary industry, which included industrial and construction sectors, took up 43.7 percent, down from previous count of 43.9 percent. The proportion of primary industry in the GDP was also revised down to 9.4 percent from 10 percent.

A cooling manufacturing sector and property downturn dragged China's economic growth to 7.3 percent in the third quarter this year, down from 7.5 percent in the second quarter and the government has unveiled a slew of measures to boost growth.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.