China's National Bureau of Statistics has lowered the country's gross domestic product (GDP) growth rate for 2012 to 7.7 percent following a verification of figures.
The revised GDP came in at RMB 51.8942 trillion ($8.48 trillion), down RMB 38 billion from the preliminary calculation that put the annual GDP growth rate at 7.8 percent, the National Bureau of Statistics (NBS) said.
Primary industries accounted for a 10.1 percent share of the revised GDP figure. Meanwhile, the secondary and tertiary sectors accounted for 45.3 percent and 44.6 percent shares respectively.
The value-added output of primary industries in China in 2012 amounted to RMB 5.2374 trillion ($0.86 trillion), down by RMB 300 million ($49.01 million) from the preliminary calculation. In addition, the value-added outputs in the secondary and tertiary sectors totaled RMB 23.5162 trillion ($3.84 trillion) and RMB 23.1406 trillion ($3.78 trillion), respectively down RMB 15.7 billion ($2.57 billion) and RMB 22 billion ($3.59 billion) from the preliminary calculation.