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Home >> Business
UPDATED: 07:54, August 31, 2006
China revises 2005's GDP growth rate to 10.2 percent
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China's National Bureau of Statistics (NBS) has revised the preliminary statistics for last year, raising the gross domestic product (GDP) growth rate from 9.9 to 10.2 percent.

A report released by the NBS on Wednesday revised the GDP in 2005 to 18.3 trillion yuan, up 10.2 percent from 2004.

The preliminary statistics released in January showed the total GDP in 2005 was 18.2 trillion yuan, up 9.9 percent from 2004.

The NBS amended its check and release system for GDP in 2003 so as to give a more accurate reflection of the actual development of the national economy, dividing the system to three steps: preliminary calculation, preliminary check, and final check.

Statisticians said the GDP statistics should be revised regularly as more data became available.

Source: Xinhua


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