China Raises 2007 Growth Figure

From BBC News:

China has revised its rate of economic growth for 2007 from 11.4% to 11.9% saying it had underestimated the output from the service sector.

The country’s gross domestic product (GDP) came in at 24.95 trillion yuan ($3.57 trillion; £1.81 trillion).

The National Bureau of Statistics also raised its measure of 2006 growth from 11.1% to 11.6%.

Read also Announcement on Verified GDP Data in 2006 and 2007 by National Bureau of Statistics of China.

April 10, 2008 4:33 AM
Posted By:
Categories: Economy