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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2227)12/24/2003 12:53:04 PM
From: RealMuLan  Read Replies (1) of 6370
 
China's per capita GDP to top US$1,000

www.chinaview.cn 2003-12-24 20:01:36

BEIJING, Dec. 24 (Xinhuanet) -- China is expected to register per capita gross domestic product (GDP) of over 1,000 US dollars this year, according to the National Bureau of Statistics (NBS).

Manufacturing was the dominant force for the industrial growth,which was characterized by the soaring consumption of autos and mobile phones this year.

Hi-tech industries contributed 23.7 percent to the industrial growth.

Statistics also show that the real estate industry and private investment greatly boosted the economic growth.

Economists forecast that China's GDP will exceed 11 trillion yuan (1.33 trillion US dollars) in 2003, a year-on-year increase of 8.5 percent. Enditem

news.xinhuanet.com
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