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Press Officer: China's GDP reached 20.94 trillion yuan (US$ 2.72 trillion) in 2006 and some other key statistics
2007/04/18

(Ask the Embassy)

Press Officer:

China began implementation of and made a good start on its Eleventh Five-Year Plan in 2006, making major achievements in economic and social development, says Chinese Premier Wen Jiabao in his Report on the Work of the Government delivered at the Fifth Session of the Tenth National People's Congress on March 5, 2007.

GDP: 20.94 trillion yuan (US$ 2.72 trillion)

  In 2006, China's GDP was 20.94 trillion yuan (US$ 2.72 trillion at the current exchange rate), an increase of 10.7% over the previous year. For four years in a row, China's economic growth has reached or slightly exceeded 10% without significant inflation.

CPI: 1.5%

In 2006, the consumer price index in China rose by 1.5%.

National Revenue: 3.93 trillion yuan (US$ 510 billion)

   In 2006, China's national revenue reached 3.93 trillion yuan (US$ 510 billion), a year-on-year increase of 769. 4 billion yuan (US$ 99.92 billion).

Trade Volume: US$ 1.76 trillion

   In 2006, China's import and export volume totaled US$ 1.76 trillion, a year-on-year increase of 23.8%.

FDI: US$69.5 billion

In 2006, China's paid-in foreign direct investment reached US$69.5 billion.

New Jobs: 11.84 million

    In 2006, a total of 11.84 million urban residents entered the workforce in China.

Urban Income: 11,759 yuan (US$ 1527)

In 2006, urban per capita disposable income in China rose to 11,759 yuan (US$ 1527), an increase of 10.4% in real terms after adjusting for inflation.

Rural Income: 3,587 yuan (US$ 465.8)

In 2006, rural per capita net income in China grew to 3,587 yuan (US$ 465.8), an increase of 7.4% in real terms after adjusting for inflation.

    These achievements mark a further increase in China's overall strength and represent another solid step toward the goal of building a moderately prosperous society in all respects.

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