China revises 2017 GDP growth down to 6.8pc

The National Bureau of Statistics of China on Friday revised the country’s gross domestic product (GDP) growth for 2017 from 6.9 per cent to 6.8 per cent in its final verification.

The GDP was 82.08 trillion yuan (12.13 trillion US dollars) in 2017, down 636.7 billion yuan from the preliminary calculation, the statistics authority said.

The growth pace of industrial sectors of the second economic country of the world was lowered from 6.1 per cent to 5.9 per cent, and that of the services was adjusted from 8.0 per cent to 7.9 per cent.

The expansion of Asian country’s agricultural sectors on the contrary was revised up by 0.1 percentage point to 4.0 per cent, reports Xinhua.

The bureau revises each year's GDP twice, the preliminary and final verifications, as more information becomes available.