Home>News Center>China
       
 

Economy grew 9.8% in 2005 - vice minister
(Reuters)
Updated: 2006-01-02 09:00

BEIJING, Jan 1 (Reuters) - China's economy grew 9.8 percent in 2005, a vice minister was quoted as saying on Sunday, revising up an earlier estimate and again confounding forecasts that the country's racing output growth had begun to slow at last.

The higher growth rate, which may not be the final official figure, builds on the latest estimates of China's 2004 gross domestic product, which the statistics office hoisted by one sixth last month.

Fresh figures from the tax office also painted a picture of an economy beating expectations, with 2005 revenue growth almost double the budget estimate.

Ou Xinqian, a vice minister responsible for the National Development and Reform Commission, issued the new GDP growth figure ahead of the release of the statistics office's 2005 estimates due late this month.

"The commission's previous estimate for last year's economic growth was 9.4 percent," the official news agency Xinhua said, citing Ou. "This figure was adjusted according to the newly revised GDP (of) 2004."

The commission, like other government agencies and private economists, had expected the economy to show a little moderation in 2005 after growing 9.5 percent in both 2003 and 2004.

It was unclear whether Ou's growth figure of 9.8 percent represented the official estimate of the government statistician or was merely a preliminary and independent estimate from the commission, China's top economic planning authority.

Separate government figures on Sunday showed tax collections from the booming economy had surged far beyond the budget forecast last year, rising 20 percent to a record 3,087 billion yuan ($382 billion).

The government had budgeted for a rise of just 11 percent to 2.93 trillion yuan, leaving a 2005 deficit of 300 billion yuan.

Although the State Administration of Taxation, announcing the figures, did not say what the final fiscal balance had been, the above-budget rise in tax was enough to wipe out most of the forecast deficit if spending was on target.
Page: 12



Cross-strait cultural and economic exchange
Gold figures of dog
Finally, snow comes to Beijing
  Today's Top News     Top China News
 

President Hu calls for peaceful reunification

 

   
 

China Daily select Top 10 Newsmakers 2005

 

   
 

Europe, US uneasy after Ukraine gas cut

 

   
 

Indian PM calls for closer ties with China

 

   
 

Economy grew 9.8% in 2005 - vice minister

 

   
 

Needy people to get more aid in 2006

 

   
  Government 'face to face' online with general public
   
  CNOOC: Rising gas price facilitates bidding abroad
   
  Chinese president calls for a good start for 11th Five-Year period
   
  2005 sees stable development of Sino-US relations - ambassador
   
  Beijing OKs electric bicycles to ease traffic
   
  Premier Wen visits quake-hit area in Jiangxi
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
G7 finance ministers confident about economic outlook
   
Economist warns of excessive growth
   
China economy may grow 4 times faster than EU, Japan
   
China's economy to grow around 9% in 2006
   
Nation's GDP to expand 8% to 9% in 2006
   
WSJ: China's GDP exceeds Italy, nudges France
   
2004 GDP revised up 16.8%, ranking 6th largest economy
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 奇米视频888| 柠檬福利第一导航在线| 国产国产成人久久精品杨幂| 99国产小视频| 成年女人黄小视频| 五月亭亭免费高清在线| 波多野结衣丝袜诱惑| 另类国产女王视频区| 黄色一级毛片免费| 国产精品自在线拍国产手机版| 一本大道香蕉高清视频视频| 日韩在线观看免费完整版视频| 亚洲日韩精品无码AV海量| 精品一区二区在线观看1080p | 正在播放露脸一区| 啊公交车坐最后一排被c视频| 国产喷水女王在线播放| 国产色在线com| sihu国产精品永久免费| 拍拍拍无挡视频免费观看1000| 九九热在线视频播放| 欧美成人午夜视频| 人人妻人人玩人人澡人人爽| 美利坚永久精品视频在线观看| 国产六月婷婷爱在线观看| 亚洲国产激情在线一区| 国内精品国语自产拍在线观看55| 一级片在线免费看| 欧美日韩精品一区二区三区视频在线| 午夜精品久久久久久毛片| 高清性色生活片2| 国产精品妇女一二三区| 久久一区二区精品| 校草让我脱了内裤给全班看| 亚洲精品自产拍在线观看| 精品国产柚木在线观看| 国产乱子伦视频在线观看| 久久五月天婷婷| 国产精品电影在线| 99精品无人区乱码在线观看| 开心五月激情综合婷婷|