China revises 2021 GDP growth

China's statistics authority on Tuesday revised the country's gross domestic product (GDP) growth for 2021 to 8.4 percent in its final verification.

The figure was up 0.3 percentage points from the preliminary calculation, the National Bureau of Statistics said.

According to the revision, the data showed that China's GDP reached 114.92 trillion yuan (about 16.52 trillion U.S. dollars) in 2021, up 556.7 billion yuan from the preliminary calculation.

China's annual GDP goes through two sets of accounting: preliminary calculation and final verification. The final verification is conducted based on the annual statistical data, final fiscal accounts, and departmental administrative records.