Tianjin's revised 2004 GDP rises to 38 bln US dollars

The revised gross domestic product in Tianjin, a port city neighboring Beijing, stood at 311.1 billion yuan (38 billion U.S. dollars) in 2004, according to a recent economic survey.

The revised GDP, which has been confirmed by the National Bureau of Statistics, is 17.912 billion yuan (2.2 billion U.S. dollars), or 6.1 percent, more than the previously reported figure, the Tianjin municipal statistical bureau said at a press conference.

This has increased the city's per capita GDP to 3,694 U.S. dollars, 213 U.S. dollars more than the preliminary report. Energy consumption for every 10,000 yuan (1,234 billion U.S. dollars) of GDP, however, reduced from 1.35 tons of standard coal to 1.3 tons.

The recently concluded economic survey showed the primary industry reported 10.26 billion yuan (1.27 billion U.S. dollars) of added value in 2004, contributing 3.3 percent to the city's GDP, down from the previously reported 3.5 percent.

Tianjin's second industry reported 168.6 billion yuan (20.8 billion U.S. dollars) of added value, contributing 54.2 percent to the local GDP, compared with the preliminary 53.2 percent.

The tertiary sector, on the other hand, posted 132.24 billion yuan (16.3 billion U.S. dollars) of added value, making up 42.5 percent of the city's 2004 GDP, slightly down from the 43.3 percent reported earlier.

China on December 20 revised its GDP for 2004 to 15.9878 trillion yuan (about 2 trillion U.S. dollars), up 2.3 trillion yuan, or 16.8 percent from the preliminary figures.

Its two largest city, Beijing and Shanghai, have also revised their 2004 GDP, to 606 billion yuan (74.8 billion U.S. dollars) and 807.28 billion yuan (99.5 billion U.S. dollars) respectively.

Source: Xinhua



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