China revises up 2023 GDP to $17.73 trillion

12/26/2024

Less than a minute

2024.12.26 03:13

BEIJING (Reuters) – China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in Beijing.

China’s fifth National Economic Census, released by the bureau on Thursday, showed more business entities and number of people employed in the secondary and tertiary industries at end-2023 compared with end-2018.

© Reuters. A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. China Daily via REUTERS

But people employed in property developers dropped 27% to 2.71 million at end-2023, versus end-2018, the economic census data showed.

($1 = 7.2992 )

12/26/2024

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