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��Home>>China Observer

2004 Statistical Communiqu�� of China

www.chinanews.cn 2005-03-01 12:53:26

Chinanews, Feb 28 - The National Bureau of Statistics today released the
"Statistical Communiqu��of the People's Republic of China on the 2004
National Economic and Social Development" on its website.
According to preliminary calculations, China's gross domestic product
(GDP) in 2004 reached 13.6515 trillion yuan, up 9.5% over last year when
adjusted for inflation. Of this total, added value of primary industries
reached 2.0744 trillion yuan, up 6.3%; added value of secondary
industries was 7.2387 trillion yuan, up 11.1%; added value of tertiary
industries was 4.3384 trillion yuan, up 8.3%. The contribution rate of
primary and tertiary industries to the GDP were 9.2% and 29.0%, rising
5.2 percentage points and 2.8 percentage points over the previous year,
respectively.
Amongst the findings, China's overall consumer price index rose 3.9% from
the previous year. The service sector price index increased 2.3%. The
retail price of commodities was up 2.8%. The price of industrial products
increased 6.1%. Purchasing prices for raw materials, fuels and power shot
up 11.4%. The price of fixed asset investment gained 5.6% and the
production price of agricultural products soared 13.1%.
The number of new urban employees reached 9.8 million for the entire
year, easily surpassing the goal of 9 million. 5.10 million laid-off
workers were reemployed in 2004. And the urban unemployment rate inched
slightly downward to 4.2% at the end of 2004, a 0.1 percentage point
decline over the previous year.
By the end of 2004, the nation's foreign exchange reserves ballooned to
609.9 billion US dollars, up 206.7 billion from 2003. The RMB maintained
its stability; one US dollar equaled 8.2765 RMB at the end of 2004,
rising two basis points.Taxation revenue was 2.5718 trillion yuan
(excluding tariffs and agricultural taxes), up 25.7%, an increase of
525.6 billion yuan. Large-scale, national industrial enterprises earned
1.1342 trillion yuan, up 38.1%.

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