Published: 17:11, December 29, 2023 | Updated: 17:19, December 29, 2023
China revises 2022 GDP growth to 3% ​
By Xinhua

This aerial photo shows the Yangpu Bonded Port Area in the Yangpu Economic Development Zone, Hainan province, China, Feb 26, 2023. (PHOTO / XINHUA)

BEIJING - China's statistics authority on Friday revised the country's gross domestic product (GDP) growth for 2022 to 3 percent in its final verification.

The figure remained flat from the preliminary calculation, the National Bureau of Statistics said.

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According to the revision, the data showed that China's GDP reached 120.4724 trillion yuan (about $17.01 trillion) in 2022, down 548.3 billion yuan from the preliminary calculation.

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China's annual GDP goes through two stages of accounting: preliminary calculation and final verification. The final verification is conducted based on the annual statistical data, final fiscal accounts, and departmental administrative records.