Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 31 (Xinhua) — China's new economic growth drivers are expected to continue expanding steadily in 2024, making an even larger contribution to the country's gross domestic product (GDP) growth, data from the National Bureau of Statistics (NBS) showed Thursday.
The volume of value-added production from new industries, new forms of business and new business models increased by 6.7 percent year-on-year, the data showed.
By the end of 2024, their share in GDP increased to 18.01 percent, which is 0.43 percentage points more than in the previous year.
Meanwhile, the latest data showed that the country's high-tech sectors continued to grow rapidly in the first half of this year, with the value-added industrial output of high-tech manufacturing growing by 9.5 percent. The growth rate was 3.1 percentage points higher than the country's overall industrial output in the same period. -0-
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