(VOVWORLD) -China's gross domestic product (GDP) posted a growth of 5.2% year on year to 126.06 trillion yuan (17.71 trillion USD) in 2023, data from the National Bureau of Statistics (NBS) showed Wednesday.
 Kang Yi is head of the National Bureau of Statistics (NBS). Photo: SCIO |
In 2023, the Chinese economy encountered a complex international environment. However, the NBS said the national economy witnessed the momentum of recovery and deepened reform.
The surveyed urban unemployment rate in China stood at an average of 5.2% in 2023, down 0.4 percentage point from 2022.
China's value-added industrial output, an important economic indicator, went up 4.6% year on year in 2023, NBS data showed.
Fixed-asset investment went up 3% year on year in 2023, while retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 7.2% year on year.