China’s economy up by 2.3% in 2020, says NBS


The surveyed urban jobless rate nationwide was 5.2% in December and 5.6% on average in the whole year, the bureau said

BEIJING: China’s economy grew by 2.3% in 2020, with major economic targets achieving better-than-expected results, the National Bureau of Statistics (NBS) said yesterday.

The country’s annual GDP came in at 101.59 trillion yuan (US$15.68 trillion) in 2020, surpassing the 100 trillion yuan threshold, the NBS said.

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