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On August 30, the National Bureau of Statistics announced the
results of preliminary verification of the country's GDP for 2005.
According to updated, more detailed and comprehensive information,
China's real GDP growth rate of last year, previously estimated at
9.9 percent, has been raised to 10.2 percent.
In accordance with the Reform on GDP Accounting and Data Release
System initiated by the National Bureau of Statistics, China's GDP
calculation is carried out in three steps: preliminary accounting,
preliminary verification and final verification. The preliminarily
accounting data were announced on January 20.
After preliminary verification, China's GDP for the year 2005
totaled 18,308.5 billion yuan at current prices, up 10.2 percent
calculated at comparable prices. Of the total, the added value of
the primary industry was 2,307 billion yuan, up 5.2 percent, while
its share in GDP was 12.6 percent. The added value of the secondary
industry reached 8,704.7 billion yuan, up 11.7 percent, and its
share in GDP was 47.5 percent. The added value of the tertiary
industry stood at 7,296.8 billion yuan, with an increase of 10
percent, while the share in GDP was 39.9 percent.
(China.org.cn)
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