GDP rate revised up to 11.9%

GDP growth for last year was actually 11.9 percent, half a percentage point higher than the previously stated 11.4 percent, according to the latest official data.

The adjustment was made after the National Bureau of Statistics (NBS) updated its calculation, but the new figure is subject to further verification, the bureau said in a statement.

The new figure represents China's fastest economic growth since 1994 and has sparked concerns the economy is overheating.