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6.9%: China's GDP in 2015
The figure is a 25-year low, but within a "reasonable range" say Chinese economists
By Mara Lee Durrell | Web Exclusive

(FILE)

China's economic growth rate in 2015 came in at 6.9 percent as announced by the National Bureau of Statistics (NBS) Tuesday morning, a 25-year low, but within a "reasonable range" say Chinese economists.

The GDP growth rate was reported as 6.8 percent in the fourth quarter, down from 6.9 percent in the third, and 7 percent in both of the first two quarters of 2015.

Promising signs were seen however in the fact that China's service industry contributed more than a half of the total GDP growth - 50.5 percent - suggesting a deepened restructuring of the growth pattern, according to the NBS.

In 2014, the country had met a 7.3 percent annual growth rate.

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