The Traderszone Network

Published in TZ Latest News 16 January, 2016 by The TZ Newswire Staff

China’s economy grew by around 7 percent in 2015, services made up half of GDP – Premier

China’s gross domestic product (GDP) totaled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector accounting for half of GDP, Premier Li Keqiang said on Saturday. Consumption contributed nearly 60 percent of growth, Li said, at the opening ceremony for the China-backed Asian Infrastructure Investment Bank (AIIB) in Beijing. China’s fourth-quarter and full-year 2015 GDP figures are expected to be released on Jan. 19.