China revises 2021 GDP growth up to 8.4% from 8.1% – NBS

Dhwani Mehta FXStreet

In a statement released on Tuesday, China’s National Bureau of Statistics (NBS) said that they have revised the country’s estimate of 2021 gross domestic product (GDP) growth to 8.4% from 8.1% previously.

Additional takeaways

The size of GDP was also revised, to 114.92 trillion yuan ($16.51 trillion) from 114.37 trillion yuan.

Final data from the bureau shows the services sector, accounting for 53% of China's GDP, was 8.5% larger in 2021 than a year earlier.

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