- CNTV English - CCTV News

Homepage > News > Biz >

FACTBOX: China's economic development since 2002

08-16-2012 23:22 BJT

BEIJING, Aug. 16 (Xinhua) -- The National Bureau of Statistics released a report Thursday on the country's economic achievements since the 16th National Congress of the Communist Party of China in late 2002.

The following are facts and figures from the report:

-- China's gross domestic product (GDP) expanded by an average annual rate of 10.7 percent during the 2003-2011 period.

-- The country's GDP reached 47.2 trillion yuan (7.43 trillion U.S. dollars) in 2011, up 150 percent from 2002 after adjusting for inflation.

-- The proportion of China's GDP in the world economy rose from 4.4 percent in 2002 to about 10 percent in 2011.

-- The GDP per capita reached 35,083 yuan in 2011, up 140 percent from 2002 after adjusting for inflation, representing an average annual growth of 10.1 percent.

-- Calculating with average exchange rates, China's GDP per capita rose from 1,135 U.S. dollars in 2002 to 5,432 U.S. dollars in 2011.

-- Total fiscal revenues stood at 10.37 trillion yuan in 2011, up 450 percent from 2002, representing an average annual growth of 20.8 percent.

-- Foreign exchange reserves reached 3.18 trillion U.S. dollars by the end of 2011, representing an annual growth rate of 30.7 percent.

-- From 2003 to 2011, the primary industry grew by an annual rate of 4.6 percent, the secondary industry by 11.9 percent and the tertiary industry by 11.1 percent.

-- The contribution of domestic demand to China's economic growth rose from 92.4 percent in 2002 to 104.1 percent in 2011, while contributions from foreign demand dropped from 7.6 percent in 2002 to minus 4.1 percent in 2011.

-- The urbanization rate stood at 51.3 percent in 2011, up 12.2 percentage points from 2002.

-- Total grain production reached 571.21 million tonnes in 2011, up 25 percent from 2002, representing an annual growth of 2.5 percent.

-- Total fixed-asset investment during the 2003-2011 period amounted to 144.9 trillion yuan, marking an annual growth rate of 25.6 percent.

-- Total goods exports and imports reached 3.64 trillion U.S. dollars in 2011, up 490 percent from 2002, achieving an annual increase of 21.7 percent.

-- Foreign direct investment (FDI) into China totaled 716.4 billion U.S. dollars during the 2003-2011 period.

-- Retail sales of consumer goods totaled 18.39 trillion yuan in 2011, up 280 percent from 2002, realizing an annual increase of 16.1 percent.

-- The Engel's coefficient for urban residents dropped 1.4 percentage points from 2002 to 36.3 percent in 2011, while the coefficient for rural residents dropped 5.8 percentage points from 2002 to 40.4 percent last year.


Editor:Zheng Limin |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program