China’s 7.7 pc GDP growth in 2013 beats govt. target

Washington, Jan. 20: China’s gross domestic product (GDP), which grew at a rate of 7.7 percent in 2013, has beaten the government’s official target.

China’s National Bureau of Statistics said the GDP growth in the final quarter of the year crossed the CNNMoney survey forecast by 0.1 percent, CNN reports.

However, China’s GDP growth is expected to slow to 7.4 percent in 2014, the report added. (ANI)