Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

Investment contributes over 90% to China's GDP growth: NBS


Post Date: 04 Feb 2010    Viewed: 558

Investment accounted for 92.3 percent of China's Gross Domestic Product (GDP) growth in 2009, National Bureau of Statistics (NBS) announced Tuesday.


Of the GDP growth of 8.7 percent last year, investment growth contributed 8 percentage points, said a statement on the NBS website.


Consumption contributed 4.6 percentage points, or 52.5 percent, of last year's GDP growth, while net exports dragged down GDP growth by 3.9 percentage points, or 44.8 percent, said the statement.


China's investment on fixed assets totalled 22.48 trillion yuan (3.3 trillion U.S. dollars) in 2009, up 30.1 percent year on year, and retail sales in 2009 rose by 16.9 percent year on year to hit 12.53 trillion yuan.


Total foreign trade value in 2009 dropped to 2.21 trillion U.S. dollars, down 13.9 percent year on year, and the trade surplus fell 34.2 percent to 196.1 billion U.S. dollars, according to the NBS.


In 2007, investment contributed 4.3 percentage points to GDP growth, and the figures for consumption and net exports were 4.4 and 2.7 percentage points respectively, according to NBS.


The NBS does not provide statistics for 2008, as GDP growth in 2008 was revised last month.


Investment, consumption and net exports are three factors on which GDP is calculated. China's GDP totalled 33.53 trillion yuan (4.91 trillion U.S. dollars) in 2009.


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0238 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2