1st ld: China's GDP grows 8.7 pct in 2009
BEIJING, Jan. 21 (Xinhua) -- China's economy expanded 8.7 percent in 2009 from a year earlier, indicating that China has achieved replica rolex its full-year growth target of 8 percent for 2009, according to the official data.
The gross domestic product (GDP) reached 33.54 trillion yuan (4.91 trillion U.S. dollars) in 2009, Ma Jiantang, director of the National Bureau of Statistics (NBS), told a press conference Thursday.
China's economy rose 10.7 percent year on year in the fourth quarter last year. This compared with a quarterly growth replica balenciaga handbags of 6.2 percent in the first quarter, 7.9 percent in the second quarter, and 9.1 percent in the third quarter.
According to the NBS, in 2009, the value-added of the primary sector topped 3.55 trillion yuan, up 4.2 percent from a year earlier; that of the industrial sector stood at 15.70 trillion yuan, up 9.5 percent year on year; and the tertiary sector, the service sector, reported value-added totaling 14.29 trillion yuan, up 8.9 percent.
pandora style beads"Last year is the most difficult one for China's economy in the new century,"said Ma Jiantang. "Thanks to government's efforts to deal with various difficulties, the country's economy ended accelerating slide and began to recover as a whole."
Ma attributed the recovery mainly to the implementation of the proactive fiscal policy and moderately loose monetary policy, as well as the stimulus package adopted by the government to cope with the global financial crisis.
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