China's GDP grows 8.7% in 2009

[long_way]

China's GDP grows 8.7% in 2009
English.news.cn 2010-01-21 10:01:28

BEIJING, Jan. 21 (Xinhua) -- China's economy expanded 8.7 percent in 2009 from a year earlier, indicating that China has achieved its full-year growth target of 8 percent for 2009, which the government believes is essential to generate more jobs for the country's 1.3 billion population.

The gross domestic product (GDP) reached 33.54 trillion yuan (4.91 trillion U.S. dollars) in 2009, Ma Jiantang, director of the National Bureau of Statistics (NBS), told a press conference Thursday.

Editor: Zhang Xiang

http://news.xinhuanet.com/english2010/b ... 145167.htm

China 2009 Q4 GDP rise 10.7%
English.news.cn 2010-01-21 10:19:29

BEIJING, Jan. 21 (Xinhua) -- China's economy rose 10.7 percent year on year in the fourth quarter last year, and 8.7 percent year on year for the whole year, the National Bureau of Statistics (NBS) said Thursday.

This compared with a quarterly growth of 6.2 percent in the first quarter, 7.9 percent in the second quarter, and 9.1 percent in the third quarter.

Policies adopted by the Chinese government to fight the global financial crisis had produced significant results and the Chinese economic growth was on a consolidated recovery.

The figures showed that China has achieved the full-year growth target of 8 percent, which the government believes is essential to generate more jobs for its 1.3 billion population.

Editor: Zhang Xiang


http://news.xinhuanet.com/english2010/b ... 145211.htm


China's industrial output increases 11% in 2009
English.news.cn 2010-01-21 10:02:53

BEIJING, Jan. 21 (Xinhua) -- China's industrial output rose 11 percent in 2009 from a year earlier, but the growth rate was 1.9 percentage points lower than 2008, the National Bureau of Statistics (NBS) said Thursday.

Compared with the corresponding period of 2008, growth of quarterly industrial output accelerated from 5.1 percent in the first quarter of last year, to 9.1 percent in the second quarter, 12.4 percent in the third quarter and to 18 percent in the fourth quarter, said NBS director Ma Jiantang.

Industrial output in western regions of the country grew 15.5 percent, outpacing the growth in central and eastern parts, which was up 12.1 percent and 9.7 percent respectively, Ma said.

Editor: Zhang Xiang

http://news.xinhuanet.com/english2010/b ... 145169.htm


These strong numbers brings China closer to overtaking Japan as the No. 2 global economy, although official economic figures from Tokyo won't be out until next month.