China's economy grew 2.3% in 2020, says NBS


BEIJING, Feb 28 (China Daily/ANN): China's economy grew by 2.3 percent year-on-year in 2020, the National Bureau of Statistics said on Sunday.

The country's gross domestic product stood at 101.6 trillion yuan ($15.67 trillion) last year, and its per capita GDP is expected to reach 72,447 yuan, up 2 percent over the previous year.

China's per capita GDP has exceeded $10,000 for two consecutive years, said Sheng Laiyun, deputy head of the National Bureau of Statistics.

During the 13th Five-Year Plan period (2016-20), China's annual average nominal increase in GDP reached 6.5 trillion yuan, 1 trillion yuan higher than the figure during the 12th Five-Year Plan period (2011-15).

At the same time, per capita disposable income of residents increased by 2,045 yuan annually on average in nominal terms, an increase of 156 yuan than that during the 12 Five-Year Plan period. Some 55.75 million rural poor people have been lifted out of poverty, and the country saw 11.15 million people overcome poverty annually on average, according to Sheng. - China Daily/ANN

Article type: free
User access status:
   

Next In Aseanplus News

Indonesia extends restriction amid Covid-19 pandemic as country's Covid-19 total balloons over 1.609 million
Thailand's Covid-19 infections ease after days of record highs
Singapore: Cops seize over 40kg of drugs - record amounts of cannabis and heroin; 20 new Covid-19 cases; one local on Monday (April 19)
WHO wants richer countries to help out Philippines with vaccines as its Covid-19 total nears 950,000
Thailand: Experts explore ways to protect 'James Bond islet' from erosion
Vietnam's carmaker VinFast says considering fundraising opportunities
BYD launches new open-source EV product platform
Super Typhoon kills one in Philippines, tens of thousands flee; Covid-19 issue sprouts free food pantries in country
Ensuring safety of international trade arteries requires collective effort, says Singapore minister
India's Modi scorned over reckless rallies, religious gathering amid virus mayhem

Stories You'll Enjoy


Vouchers