Financial Times FT.com

China to revise size of gross domestic product

By Richard McGregor in Beijing

Published: December 13 2005 05:10 | Last updated: December 14 2005 04:40

China is poised to announce its economy is significantly larger than the government’s official measure following a national economic census which found a large underestimation of the country’s thriving and largely private services sector.

The revision is also expected to show the economy is less reliant on investment and more driven by consumption than previously projected, two trends that Chinese leaders have been trying to encourage.

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