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China's GDP grows 10.7 percent in 2006
Latest Updated by 2007-01-25 11:46:23
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Preliminary estimation shows China's gross domestic product (GDP) totaled 20.9407 trillion yuan (2.7 trillion U.S. dollars) in 2006, up 10.7 percent year on year, according to latest figures provided by the National Bureau of Statistics (NBS) Thursday.
  
The growth was 0.3 percentage point higher than that in 2005. China recently revised its GDP growth in 2005 to the final figure of 10.4 percent, higher than the original 9.9 percent.
  
China's GDP growth was 10.4 percent, 11.5 percent, 10.6 percent and 10.4 percent from the first to fourth quarter of 2006, said Xie Fuzhan, commissioner of the NBS at a press conference.

According to previous figures released by the NBS, China's GDP grew 10.3 percent, 11.3 percent and 10.4 percent in the first, second and third quarter, so possibilities exist for the rate in fourth quarter to be revised to a higher level.

Editor: Yan

By: Source: China View website
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