Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 08:28, April 12, 2006
China's economy maintains fast growth in 2005: WTO
font size    

While Europe and the United States experienced slower economic growth in 2005, China's economy continued to grow very strongly, the World Trade Organization (WTO) said on Tuesday.

China's performance was influenced by the global trend toward more moderate advances, but its gross domestic product (GDP) growth still reached 9.9 percent in 2005, only a little lower than the 10.1 percent figure for 2004, the WTO said in its annual world trade report.

In contrast to its GDP achievement, China's import growth was nearly halved, to 11.5 percent in 2005, the report pointed out.

It added that China's merchandise exports continued to expand by 25 percent in 2005, even higher than the 24 percent level in the preceding year.

According to the report, the world economy grew 3.3 percent in 2005, down from 3.9 percent in 2004.

The GDP performances for the United States and the European Union stood at 3.5 percent and 1.6 percent respectively in 2005, down from the 2004 figures of 4.2 percent and 2.2 percent.

The overall growth in developing regions remained strong, although somewhat less dynamic than in 2004.

Developing Asia again recorded the strongest performance among all developing regions, with GDP growth reaching 6.5 percent.

Like China, India's GDP growth remained outstanding in 2005, reaching 7.1 percent.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- World economy expected to grow by 3.5 percent in 2006: WTO report

- World trade growth slows down in 2005: WTO


Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved