China's economy grows 9.9%

Wednesday, 25 January 2006 11:36:04 (GMT+3)   |  
       

China's economy grows 9.9%

SteelOrbis Shanghai China's gross domestic production rose 9.9 percent to RMB 18.2 trillion ($2.3 trillion) in 2005 after expanding 10.1 percent in 2004, the Chinese National Bureau of Statistics said in a publicly-announced statement in Beijing on Wednesday, January 25. The growth rate of China's industrial sectors is 11.4 per cent. China's 2005 investment growth rate slightly declined. The fixed assets investments went up 25.7 percent to RMB 8.8604 trillion, 0.9 percent lower compared to the previous year. In 2005, the residential consumption prices was up 1.8 percent, 2.1 percent lower from a year earlier, while ex-factory price for industrial products was up 4.9 percent, 1.2 percent lower than last year.

Similar articles

China’s GDP growth hits 8.9 percent in Q3

22 Oct | Steel News

Turkish stainless steel sector remains sluggish

16 Sep | Flats and Slab

Chinese economy maintains steady growth in first six months

17 Jul | Steel News

Interview with Antonio Marcegaglia, Marcegaglia SpA CE

25 Mar | Steel News

HDG prices continue to drop in Iranian market

04 Sep | Flats and Slab

The Ukrainian scrap market in Jan-May 2008 - UAMB (Ukrainian Scrap Association) President V.A.Kulichenko and UAMB ...

25 Aug | Steel News

Outlook for the steel markets and future projections

23 May | Steel News

Overview of Turkish steel exports and global markets - Kocturk

23 May | Steel News

China posts 11.4 percent GDP growth for 2007

24 Jan | Steel News

China's stainless steel output reaches 3.5M mt in H1 2007

13 Sep | Steel News