Jan. 17, 2012 (China Knowledge) - China's gross domestic product grew 8.9% year on year in the fourth quarter of last year, according to latest statistics released by the National Bureau of Statistics
The GDP growth in the fourth quarter was lower than the 9.7% in the first quarter, 9.5% in the second quarter and 9.1% in the third quarter.
On quarter-on-quarter basis, the country's GDP grew 2.0% from the third quarter of 2011.
Last year, China's GDP totaled about RMB 47.16 trillion, growing 9.2% from 2010. The growth was 1.2 percentage points higher than the 10.4% increase in the previous year.
The GDP last year included RMB 4.77 trillion generated by the primary sector, 4.5% more than that in 2010.
RMB 22.06 trillion and RMB 20.33 trillion were generated in the secondary sector and the tertiary sector, 10.6% and 8.9% more than those in the previous year, respectively.
The country's grain output rose 4.5% year on year to 571.21 million metric tons in 2011, reflecting a growth for the eighth consecutive year.