Canceled.LTroll.27
Banned
China's economic data, with key indicators beating market expectations, have sent clear signals that China's economic recovery is accelerating and broadening.
As a "rainbow" of the recovery emerges, China has won applause at home and abroad.
Premier Wen Jiabao said in March 2009 that China aimed to achieve about8-percent GDP growth in 2009, which the government has long believed is essential to generate prosperity.
China moved to boost investment in infrastructure such as high-speed railways and domestic consumption like car sales, so as to drive economic growth.
When the 8.9 percent GDP growth for the third quarter was released, it cleared away panic in the market.
Official figures showed China's GDP grew 8.9 percent year on year in the third quarter, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first. For the first three quarters, the annualized GDP growth reached 7.7 percent.
According to the National Bureau of Statistics, China's industrial output in November 2009, which measured the activities of nearly 430,000 large industrial enterprises nationwide, jumped better-than-expected 19.2 percent year on year.
As a "rainbow" of the recovery emerges, China has won applause at home and abroad.
Premier Wen Jiabao said in March 2009 that China aimed to achieve about8-percent GDP growth in 2009, which the government has long believed is essential to generate prosperity.
China moved to boost investment in infrastructure such as high-speed railways and domestic consumption like car sales, so as to drive economic growth.
When the 8.9 percent GDP growth for the third quarter was released, it cleared away panic in the market.
Official figures showed China's GDP grew 8.9 percent year on year in the third quarter, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first. For the first three quarters, the annualized GDP growth reached 7.7 percent.
According to the National Bureau of Statistics, China's industrial output in November 2009, which measured the activities of nearly 430,000 large industrial enterprises nationwide, jumped better-than-expected 19.2 percent year on year.