On the eve of the official publication of key economic indicators in the country, the news channel Phoenix TV of Hong Kong indicates that the gross domestic product (GDP) of China has increased from 10.3% in 2010. Inflation, which is one of the main concerns of the government, would be established according to Phoenix TV, citing anonymous sources within the Central Bank, for all of 2010 to 3.3%, and 4.6% in December, down from 5.1% in November, which were the strongest price increase in over two years.The Chinese government had set itself for last year's goal of not exceeding 3% increase in the index of consumer prices. Inflation hits the poor especially, higher prices on food prices as a priority. The index of producer prices, which measures the cost of goods leaving factory, for his part last year rose by 5.9%, Phoenix TV reported yet.
GDP growth in the fourth quarter should be of "approximately 9%", had recently announced analysts, according to the Hong Kong chain. It was successively increased from 11.9% in the first quarter to 10.3% in the second and then to 9.6% in the third, according to official figures. China's GDP expected to exceed that of Japan for all of 2010, say observers.
This was the case in the 2nd and 3rd quarter 2010, but not on the first nine months of the year, according to the Japanese government. In 2009, the economic growth of China had reached 9.2%, according to a figure revised up released last week by the National Bureau of Statistics of China.
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