BEIJING - China's economy expanded 10.3 percent in 2010 from a year earlier, and 9.8 percent year on year in the fourth quarter of last year, the National Bureau of Statistics (NBS) said Thursday.

China has set the full-year growth target at 8 percent in early 2010, after its economy recovered from the global crisis and expanded 9.2 percent in 2009 year on year.