![China's economic growth dropped to 9.2 percent, from the 10.3 percent in 2010. [CFP]](U365P886T1D6331F12DT20120117111514.jpg "China's economic growth dropped to 9.2 percent, from the 10.3 percent in 2010. [CFP]")
China's economic growth dropped to 9.2 percent, from the 10.3 percent in 2010. [CFP]
Chinese economy grew by 9.2 percent in 2011 from a year earlier, the National Bureau of Statistics (NBS) announced Tuesday.
GDP growth for the fourth quarter last year stood at 8.9 percent year on year, said the NBS. The quarterly growth was the slowest in 10 quarters. China has set the full-year growth target at 8 percent in early 2011, after its economy grew 10.3 percent in 2010.
The country's economy expanded 2 percent in the fourth quarter on a quarterly basis, NBS chief Ma Jiantang said at a press conference.
According to preliminary statistics, the country's GDP reached 47.16 trillion yuan (7.26 trillion U.S. dollars) in 2011, Ma said.
He noted the country's economic performance in 2011 was "a good start" for the 12th Five-Year Plan (2011-2015) period and had developed in line with the macro-economic regulation.
Ma warned of lasting price rising pressures and possible price rebounds in an article on Monday.
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