China's economy grew 2.3% in 2020, says NBS

Skyscrapers reach into the clear sky in Beijing's CBD area. [Photo by Sheng Peng/For China Daily]

China's economy grew by 2.3 percent year-on-year in 2020, the National Bureau of Statistics said on Sunday.

The country's gross domestic product stood at 101.6 trillion yuan ($15.67 trillion) last year, and its per capita GDP is expected to reach 72,447 yuan, up 2 percent over the previous year.

China's per capita GDP has exceeded $10,000 for two consecutive years, said Sheng Laiyun, deputy head of the National Bureau of Statistics.

During the 13th Five-Year Plan period (2016-20), China's annual average nominal increase in GDP reached 6.5 trillion yuan, 1 trillion yuan higher than the figure during the 12th Five-Year Plan period (2011-15).

At the same time, per capita disposable income of residents increased by 2,045 yuan annually on average in nominal terms, an increase of 156 yuan than that during the 12 Five-Year Plan period. Some 55.75 million rural poor people have been lifted out of poverty, and the country saw 11.15 million people overcome poverty annually on average, according to Sheng.

Source: China Daily
Editor: Lv Yun