The New CS Board

[dindindon]

China Preliminary Accounting Results of GDP in 2014

Highlights: Premier Li's government work report
BEIJING, March 5 (Xinhua)
http://english.sina.com/china/2014/0304/680304.html
MAJOR TARGETS FOR 2014
-- Gross domestic product (GDP) grows about 7.5 percent

Preliminary Accounting Results of GDP in 2014
National Bureau of Statistics of China 2015-01-22 09:50
http://www.stats.gov.cn/english/PressRelease/201501/t20150122_672565.html
According to the preliminary estimation, the gross domestic product (GDP) of China was 63,646.3 billion Yuan in 2014, an increase of 7.4 percent at comparable prices.

In 2014 the China GDP figure hit a 24-year low


This is the second year the Tertiary Industry (service sector) surpasses Secondary Industry (manufacturing sector) . A very clear sign that China’s economy intrinsic is evolving from an emerging to a developed nation, to the western standard, it is still a long way to go.

2014. amount-100-million Yuan, (Y/Y growth rate)
Gross Domestic Products..636463 (7.4)
Primary Industry..........58332 (4.1)
Secondary Industry......271392 (7.3)
Tertiary Industry..........306739 (8.1)

2013
Gross Domestic Products.568845 (7.7)
Primary Industry..........56957 (4.0)
Secondary Industry.....249684 (7.8)
Tertiary Industry.........262204 (8.3)

China’s Economy Realized a New Normal of Stable Growth in 2014
National Bureau of Statistics of China 2015-01-20 10:00
http://www.stats.gov.cn/english/PressRelease/201501/t20150120_671038.html


biased view. No love

XXXy Jan 19 2015, 07:50 PM
if anyone believes China's GDP rate of growth slowed only 0.1-0.2% last year, i have some swamp land beach front property in NJ to sell you!

XXXX2 Jan 19 2015, 08:01 PM
I wonder which sectors were removed from the GDP calculation? They learned to rig the numbers from us, likely.......... I've been reading that better estimates of their GDP is ~5%.

How Statistical Data are Produced——GDP
National Bureau of Statistics of China 2011-10-25 10:10
http://www.stats.gov.cn/english/StatisticalStudio/201010/t20101025_72353.html

China’s millions of government workers to get huge 60% pay raise
By Caixin Online
Published: Jan 22, 2015 12:38 a.m. ET
http://www.marketwatch.com/story/chinas-millions-of-government-workers-to-get-huge-60-pay-raise-2015-01-21

Pension for enterprise retirees beat the CPI increase
Published: 16:08:21 2015/1/16 16:08:21
from January 1, 2015, China's basic pension for enterprise retirees will be increased by 10%, which is our tenth consecutive year of continuous adjustment of corporate retirement pensions,
http://www.getinews.com/news-9310240-Pension-for-enterprise-retirees-beat-the-CPI-increase.html