Business / Economy

Factbox: China's 2014 economic figures

(Xinhua) Updated: 2015-01-20 19:48

BEIJING - The National Bureau of Statistics unveiled a raft of economic figures for 2014 on Tuesday, highlighting the country's shift in economic structure.

Here are some key numbers available to better understand China's development last year:

-- Gross domestic product (GDP) expanded 7.4 percent year on year to 63.65 trillion yuan ($10.4 trillion), the slowest pace since 1990.

-- Consumer price index, a main gauge of inflation, rose 2 percent, below the government's target of 3.5 percent.

-- Foreign trade rose 2.3 percent to 26.43 trillion yuan, with export up 4.9 percent and import down 0.6 percent.

-- Grain output rose 0.9 percent to 607.1 million tonnes, marking the 11th consecutive year of growth.

-- In real terms, industrial value-added output rose 8.3 percent, fixed-asset investment rose 15.1 percent, while retail sales of consumer goods rose 10.9 percent.

-- Narrow money supply (M1), which covers cash in circulation plus that in current corporate deposits, rose 3.2 percent to 34.81 trillion yuan.

-- China's broad money supply (M2), which covers cash in circulation and all deposits, increased 12.2 percent to 122.84 trillion yuan by the end of last year.

-- Population on the Chinese mainland stood at 1.37 billion people by the end of 2014, up 0.52 percent.

-- Permanent urban residents reached 749.16 million, accounting for 54.77 percent of the total population.

-- By the end of 2014, 772.53 million people were employed in China, up 2.76 million, or 0.36 percent.

-- A total of 13.22 million new jobs were created in cities, beating the government target of creating 10 million jobs.

-- Per capita disposable income of all residents rose 8 percent to 20,167 yuan, with that for rural residents up 9.2 percent and 6.8 percent for urban residents.

-- The Gini coefficient, an index reflecting the rich-poor gap, stood at 0.469 in 2014, dropping for six years in a row after the index hit 0.491 in 2008.

Hot Topics

Editor's Picks