Date
22 September 2017
The service sector accounted for 46.9 percent of China's economy, up from 46.1 percent previously. Photo: Bloomberg
The service sector accounted for 46.9 percent of China's economy, up from 46.1 percent previously. Photo: Bloomberg

China raises 2013 economic output estimate

China has raised its 2013 gross domestic product estimate by 3.4 percent to 58.8 trillion yuan (US$9.46 trillion), the Wall Street Journal reported, citing a statement from the National Bureau of Statistics.

Originally, it said last year’s GDP was 56.88 trillion.

The revision would not affect GDP growth for 2014, although it would change the total size of the economy for this year, the statistics bureau said.

The latest survey of the economy gathered more data on the manufacturing and service sectors.

After the revision, the service sector accounted for 46.9 percent of the economy, up from 46.1 percent previously, while the manufacturing and construction sectors accounted for 43.7 percent, down from from 43.9 percent. The agricultural sector’s contribution also declined to 9.4 percent from 10 percent.

The bureau is also revising GDP data for previous years, the report said.

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