China’s domestic product increased to 175 trillion dollars

China's domestic product increased to 175 trillion dollars

The annual growth rate was recorded at 5.2 percent, the report said.  Photo: Net

The annual growth rate was recorded at 5.2 percent, the report said. Photo: Net

Beijing: China’s gross domestic product rose to 1.21 trillion yuan (about 175 trillion US dollars).

According to the government work report submitted for consideration in the National Legislature on Sunday, the last five years have been really important and remarkable for China. The country has faced many trials and achieved significant achievements in the field of economic and social development.

According to the report, China’s gross domestic product has increased to 1210 trillion yuan (about 175 trillion US dollars), with an annual growth rate of 5.2 percent during this period.

The report further states that the country has achieved a medium to high rate of economic growth given its overall large economy and high quality growth.

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China's domestic product increased to 175 trillion dollars
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