Beijing-Sana
Chinese official data showed that the Chinese economy achieved stable growth in 2021 despite challenges, including the re-spread of the Corona epidemic and the complex external environment.
"China's gross domestic product rose 8.1 percent year on year to 114.37 trillion yuan, equivalent to about 18 trillion US dollars last year, and this growth rate was much higher than the government's target of above Six percent."
The data indicated that during the last quarter of 2021, the country's gross domestic product expanded by four percent on an annual basis, and retail sales witnessed a remarkable recovery, as it jumped by 12.5 percent on an annual basis, and fixed asset investments recorded a stable growth of 4.9 percent, while industrial output of value increased by 12.5 percent. This added an increase of 9.6% over the previous year.
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