China revises up GDP growth for a decade – Richard McGregor

From The Financial Times:

China has revised upwards its official annual estimates for for every year but one in the decade to 2004, in line with the results of a nationwide economic census announced last December.

The National Bureau of Statistics lifted the growth of by an average of 0.5 per cent a year between 1993 and 2004 to reflect the census results, which found that the economy in 2004 was 17 per cent larger than previously reported.

The new NBS figures said economic output had risen by 10 per cent and 10.1 per cent in 2003 and 2004 respectively, compared with the reported figures of 9.5 per cent for both years.

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