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China's GDP Is Likely to Grow in 2013 Compared to That of Year 2012

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Core Tip: Reportedly, China's GDP is likely to grow in 2013 compared to that of year 2012. According to the "blue book" report of Chinese

Reportedly, China's GDP is likely to grow in 2013 compared to that of year 2012. According to the "blue book" report of Chinese Academy of Social Sciences, China is aiming to achieve 8.2% annual GDP growth in 2013, higher than the estimated 7.7% growth for 2012, the lowest since 2000 due to global economic slowdown. The report said that the country's GPD growth in the next ten years will remain sturdy and reach average rates of between 7.5% to 8% per annum, adding that the secondary sector, including production and construction, is estimated to contribute 4.1% to GDP growth, whereas the service sector may provide 3.3% to the growth.

 
 
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