China's economy posted steady growth in 2022 despite pressures including epidemic resurgences and a complicated external environment.
China's gross domestic product (GDP) grew 3 percent year on year to a record high of 121.0207 trillion yuan (about 17.95 trillion U.S. dollars) in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday.
In the fourth quarter, the country's GDP expanded 2.9 percent year on year.
"The national economy continued to develop despite downward pressure, the economic output reached a new level, the employment and prices were generally stable, people's lives were continuously improved, new achievements were secured in high-quality development, and the overall economic and social development was stable and healthy," said Kang Yi, head of the NBS, at a press conference.
However, the foundation of domestic economic recovery is not solid as the international situation is still complicated and severe while the domestic triple pressure of demand contraction, supply shock and weakening expectations is still looming, Kang said.
China will make economic stability its top priority and pursue progress while ensuring stability this year, he said.
- China’s GDP hits 121.0207 trln yuan in 2022
- China’s natural population growth rate drops 0.60 ‰ in 2022
- Guangxi achieves stable economic growth in 2022
- Top 10 Chinese scientific advances for 2022 unveiled
- China’s Beibu Gulf Port sees cargo throughput rise in 2022
- China-Central Asia gas pipeline transports 43.2 bln cubic meters to China in 2022
Popular Videos
Hot comments
- China Life: Chinese women shine with She Power
- First apes at U.S. zoo receive COVID-19 vaccine made for animals, zoo official says
- 86-year-old grandma in Hebei spends most her life on traditional cheongsam
- Homemade curling videos trending in China
- Lantern Festival: A romantic celebration in China
- China’s only captive male manul dies of choking
- Seven things you may not know about Lantern Festival
- Veteran free skier Xu wins gold in women’s aerials at Beijing 2022
- People across China prepare to greet Spring Festival
- Guangxi’s List of Targets for 2023
Top Reviews
- China’s GDP hits 121.0207 trln yuan in 2022
- Fingertip pulse oximeters cover 600,000 village clinics in China
- Beijing citizens suggest transforming nucleic acid testing booths into rest stations for sanitation workers
- China’s natural population growth rate drops 0.60 ‰ in 2022
- China powers up satellite payloads for gamma-ray burst observation
- How a village welcomes Chinese New Year
- People prepare for upcoming Spring Festival across China
- China’s economy rapidly rebounding from pandemic shock
- Beijing, Hanoi send New Year greetings
- HK will prosper from national rejuvenation