Although China's growth rate for 2013 stayed at the same level as a year earlier, its economic structure optimized and growth quality improved, an analyst with the statistics authority said Tuesday. "In evaluating economic development, we should not only look at speed, but more importantly should pay attention to growth quality, Guo Tongxin was cited as saying by a National Bureau of Statistics (NBS) statement. China's economy expanded by 7.7 percent last year, the same as 2012, overshooting the government target of 7.5 percent, the NBS said Monday. Last year, the country's economic structure optimized and quality and efficiency steadily strengthened, Guo said. China's grain output rose for a 10th consecutive year in 2013, further consolidating the fundamental role of agriculture. Meanwhile, the value-added output of the service sector exceeded that of the industrial sector for the first time, he said. Adding to the evidences of better structure and growth quality, the output of high-tech industries accounted for 9.9 percent in total industrial output, up 0.5 percentage points from a year ago. The country's labor productivity, or the ratio of gross domestic product to working population, rose 7.3 percent in 2013 from a year earlier, he added.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor