China’s Economy Grows By 65.5% in Past Five Years

 China’s Economy Grows By 65.5% in Past Five Years

China’s economy grew by 65.5 percent over the past five years, or an average annual increase of 10.6 percent, to become the world’s fourth largest economy, Premier Wen Jiabao said at the annual parliament session on Wednesday.

He said the country’s gross domestic product reached 24.66 trillion yuan (US$3.425 trillion) last year, while total government revenue reached 5.13 trillion yuan (US$712 billion), a 171 percent rise in five years.

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