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Economy

China 2014 growth verified as 7.3 pct

1
2016-01-07 16:53Xinhua Editor: Mo Hong'e

The statistics authority on Thursday verified the country's 2014 growth rate as 7.3 percent, unchanged from the preliminary verification figure.

The revised gross domestic product (GDP) for 2014 came in at 63.59 trillion yuan (9.6 trillion U.S. dollars), down 22.9 billion yuan from the preliminary verification figure, the National Bureau of Statistics (NBS) said in a statement.

Primary industries accounted for 9.2 percent of the GDP structure, the secondary sector accounted for 42.7 percent, and the tertiary sector accounted for 48.1 percent, all unchanged from the earlier statistics.

The growth for primary, secondary and tertiary sectors in 2014 stood at 4.1 percent, 7.3 percent and 7.8 percent, respectively, the same as preliminary verification figures.

NBS calculates each year's GDP three times -- the preliminary calculation, followed by the preliminary verification and then the final verification.

 

  

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