NBS press briefing on national economy
GOV.cn Thursday, January 24, 2008


Xie Fuzhan, director of the National Bureau of Statistics, briefs the media on China's economy in 2007, in Beijing, Jan. 24, 2007.  [Gov.cn]



Xie Fuzhan, head of the National Bureau of Statistics (NBS), speaks at a press conference in Beijing, Jan. 24, 2008. [Xinhua Photo]

China's GDP grows 11.4 percent in 2007 

China's gross domestic product (GDP) reached 24.6619 trillion yuan (3.43 trillion U.S. dollars) in 2007, up 11.4 percent year on year, said the National Bureau of Statistics (NBS) Thursday.

The growth rate was 0.3 percentage points higher than the 2006 level revised at 11.1 percent. Full story

CPI rises 4.8 percent in 2007

China saw its last year's inflation rate rise 4.8 percent, the highest level in more than a decade, which may force the government to take further tightening measures.

The National Bureau of Statistics (NBS) on Thursday announced the yearly figure of CPI (consumer price index), the main gauge of inflation, picking out food prices, especially the pork price, as the top propelling force. Full story

Industrial output up 18.5% last year

 

Industrial output jumped 18.5 percent last year, or 1.9 percentage points more than in 2006, Xie Fuzhan, director of the National Bureau of Statistics, said on Thursday.

Output at companies with annual revenue of at least 5 million yuan (691,600 U.S. dollars) expanded 17.4 percent in December, compared with 17.3 percent in November. Full story

Fixed asset investment expands 24.8% in 2007

China's fixed-asset investment rose 24.8 percent year-on-year in 2007, up 0.9 percentage points from 2006, the National Bureau of Statistics (NBS) said on Thursday.

The overall investment in assets last year stood at 13.7 trillion yuan (1.9 trillion U.S. dollars). Full story

Editor: Nie Peng
Source: Xinhua