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GDP remains firm in 2008

19 Jul '08
1 min read

In the first half of 2008, the regions and departments at all levels carefully implemented various policies and measures set by the central government on economic work, overcame the difficulties brought about by grief natural disasters one after another and actively responded to the complex and changing international economic situation. All those efforts lead the national economy to move toward the expected direction set out by the macro-control policies, and the national economy maintained the momentum of steady and fast growth.

According to preliminary estimation, in the first half of this year, the gross domestic product (GDP) of China was 13,061.9 billion yuan, a year-on-year growth of 10.4 percent after deducting price factors, or 1.8 percentage points lower over that a year earlier. Of this total, the value added of the primary industry was 1,180.0 billion yuan, up 3.5 percent or 0.5 percentage point lower; that of the secondary industry was 6,741.9 billon yuan, up 11.3 percent, or down by 2.4 percentage points; that of the tertiary industry was 5,140.0 billion yuan, up 10.5 percent, or 1.6 percentage points lower.

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National Bureau of Statistics of China

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