BEIJING, Oct 30: China’s economy would be at least 3.7 trillion yuan ($610 billion) bigger than Beijing thinks if the country’s local government statistics were to be believed, state media reported Wednesday.

The Economic Information Daily tallied up gross domestic product (GDP) data from 28 of mainland China’s 31 provincial-level authorities, totalling 42.4 trillion yuan for the first nine months of the year.

But the figure for the whole country, already announced by Beijing, is 3.7 trillion yuan lower.—AFP

More From This Section

Dar eyes forex reserves at $15bn by end-Sept

Pakistan's forex reserves are currently at $11.67bn after SBP received $2bn on Wednesday through floating of Eurobonds.

Sindh revenue collection jumps by 23pc

Revenue collection in Sindh between July 2013 and March 2014 stood at Rs23.7bn, witnessing an increase of 23 per cent.

Treasury bills losing attraction

Govt failed to mobilise banks for T-bills auction as the bids it received for the auction were less than the set target.

Punjab textile units start downsizing

Several textile units have incurred losses due to short gas supply, long power cuts, appreciating rupee against US$.


Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
Cartoons
E-PAPER
Front Page