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ECONOMY
THIS WEEK> THIS WEEK NO. 37, 2013> ECONOMY
UPDATED: September 9, 2013 NO. 37 SEPTEMBER 12, 2013
GDP Revised
Share

The National Bureau of Statistics (NBS) on September 2 lowered China's growth rate for 2012 to 7.7 percent based on its preliminary verification.

The revised GDP came in at 51.89 trillion yuan ($8.41 trillion), down 38 billion yuan ($6.21 billion) from the preliminary calculation figure that put the annual rate at 7.8 percent, said the NBS.

Primary industries took up a 10.1-percent share in the GDP structure, while the secondary and tertiary sectors accounted for 45.3 percent and 44.6 percent, respectively, remaining unchanged from the preliminary calculation.

The NBS calculates each year's GDP three times—a preliminary calculation, a preliminary verification and a final verification that is due several months later.



 
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