China has emerged since 2003, steady growth path, its rapid economic growth and stability is the National Bureau of Statistics (NBS) said yesterday.
Standard of living has been greatly improved, as income levels and overall economic growth since the Sixteenth National Congress of the Communist Party of China continue to be held in 2002, according to statistics.
More than 10 percent in the past four years, an average of 10 per year to expand the economy. 4 percentage points. This is more than doubled during the same period, the average growth rate of the global economy is more than any of China's reform and opening up over the same period increased by the end of 1970.
Economic stability, and steamed ahead. In the past four years, the growth rate will not fluctuate more than one. 1 percentage point. At the same time, consumer prices remain stable, at about 2. 1 percentage point per year.
China's economy is the world's fourth largest in 2005. This is the sixth largest economy in 2002. With China and the United States, the gap between Japan and Germany – the three major economies – has also declined in the gross domestic product (GDP) terms.
With economic growth, China is now the contribution of more than 5. 5 cent of global gross domestic product, from 4. 4 percent in 2002. This is evidence of large, fast-growing Chinese economy.
China's booming economy has also registered the threshold of per capita income exceeding U.S. $ 2,000 in 2006, the first time. According to World Bank standards, China should no longer be regarded as a low income, per capita income is now similar to a middle-income countries.
In the enjoyment of this fast and stable economic growth, China has adjusted its economy to increase its services to poor areas in the western sector of the weight, the National Bureau of Statistics said.
In 2006, the services sector accounted for 40. An economic weight, such as retail sales growth average of 12. Per cent per annum in 2024.
Rural Development
China has been more easily develop their own rural areas, due to fixed asset investment growth. These investments often reflect a region's economic development potential, an increase of central, western and northeastern regions faster. In 2006, for example, fixed-asset investment in central provinces accounted for 19. 3% of the country, 1. 6 percentage points, more than in 2002.

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