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Li sets out China's 2018 development path in government work report

FollowingarethehighlightsofagovernmentworkreportdistributedtomediaaheadoftheannualsessionoftheNationalPeople'sCongress(NPC)Mondaymorning.OverpastfiveyearsChina'

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Highlights of Chinese Premier's government work report

FollowingarethehighlightsofagovernmentworkreportdistributedtomediaaheadoftheannualsessionoftheNationalPeople'sCongress(NPC)Mondaymorning.OverpastfiveyearsChina'

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Tianjin could drop out of China’s top five cities in GDP

ShanghaihassecuredfirstplaceinChina’stoptencitiesintermsofeconomicgrowth,withitsGDPvolumereachingthe3.01trillionyuan(US$470million)markin2017,ThePaperreported.B

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13 cities in China join the 1 trillion yuan GDP club

TheGDPofChangsha,capitalcityofHunanProvince,isestimatedtohaveincreased9.0%in2017toreach1.02trillionyuan(157.1billionUSdollars),becomingthe13thcityinChinawithaGD

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World Bank raises China 2017 growth forecast, maintains 2018 outlook

TheWorldBankonTuesdayraiseditsforecastforChina’seconomicgrowthin2017to6.8percentfrom6.7percentitprojectedinOctober,aspersonalconsumptionandforeigntradesupported

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Thai GDP soars in 3rd quarter

ByAPDwriterChenJiabaoBANGKOK,Nov.21(APD)--ThaiGDPadvanced4.3percentyear-on-yearinthethirdquarter,thestrongestexpansionsincethefirstquarter2013,Thailand'seconomy

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China to apply unified GDP calculation method

ChinawillputinplaceaunifiedGDPcalculationsystemin2019thatwillseetheNationalBureauofStatistics(NBS)takeoverdatacomputationfromlocalauthorities.Unifiedcalculation

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US economy grows faster than expected in third quarter

TheUSeconomyexpandedatanannualpaceof3%duringthethreemonthstotheendofSeptember,whichwasstrongerthanexpected.Thegrowthextendedtherobustactivityreportedintheprevio

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Pakistan’s tax to GDP ratio fell to 12.5pc during FY 2016-17

StateBankofPakistanreleasedits“StateofEconomy”annualreportwhichcitedthatthecountry’staxtoGDPratiowasthelowestintheregionbytouching12.5pcduringfinancialyear2016-

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Consumers, businesses likely spurred U.S. economic pickup in 2rd quarter

TheU.S.economylikelyacceleratedinthesecondquarterasconsumersrampedupspendingandbusinessesinvestedmoreonequipment,whichwouldconfirmthatthesluggishperformanceearl

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China's digital economy surges 18.9% in 2016, drives growth

China'sboomingdigitaleconomyisoneofthecountry'smajoreconomiccontributors.Itsurged18.9percentin2016to22.6trillionyuan(around3.35UStrilliondollars),accordingtoawh

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European Central Bank to offset euro area’s fiscal tightening

IftheeuroareacountriescontinuetoinsistonbalancingthebooksandcuttinginhalftheircurrentpublicdebttoGDPratio,itsimplyfollowsthattheECBhastoprovideanappropriateamou

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Business & Economy Experts say South Africa's GDP not equal to economic reality

South Africa's economy has entered recession for the first time in eight years, official data showed on Tuesday, piling pressure on a government facing corruption allegations and credit downgrades.

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Experts say South Africa's GDP not equal to economic reality

SouthAfrica'seconomyhasenteredrecessionforthefirsttimeineightyears,officialdatashowedonTuesday,pilingpressureonagovernmentfacingcorruptionallegationsandcreditdo

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GDP revision reflects real picture of China's economy

China's statistics authority altered the way quarterly GDP data are calculated, a move analysts have called a step toward meeting international standards and improving accuracy.

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China revises GDP calculation, adding US$130b to size of economy

China's National Bureau of Statistics (NBS) announced a new method of calculating GDP that it says "better reflects the contribution of innovation to economic growth", revising up gross domestic product for last year by about US$130 billion.

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Ireland's GDP up 7.8 pct in real terms in 2015

​Ireland's GDP growth for 2015 as a whole was 7.8 percent in real terms, up from 5.2 percent in the previous year, according to official figures on Friday.