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Monday, November 15, 2010

The scale of China's third quarter GDP than Japan ranked second in the world again

China Economic Net News Beijing November 15 (Juan Wang) the Cabinet Office data released today show that in the third quarter, real gross domestic product (GDP) growth of 3.9% annual rate, reaching 1.372 trillion U.S. dollars, which is Japan's GDP fourth consecutive quarter of growth, and better than economists expected. Dow Jones Newswires (Dow Jones Newswires) survey of economists shows the median expected growth of 2.5%.

However, despite this, Japan's third-quarter gross domestic product or less than China. National Bureau of Statistics data released last week show that at the end of September this year in the third quarter gross domestic product converted into U.S. dollars for the $ 1,415,000,000,000. Thus the second consecutive quarter of China over Japan as the world's second largest economy.

However, according to the first 9 months of this year's GDP, the Japanese are still in China before the world's second largest economy.

The scale of China's economy since the second quarter of this year over Japan. Official figures show that total value of Japan's second-quarter GDP was 1.28 trillion, while China's second quarter GDP was 1.33 trillion.

Experts believe that the succession beyond Germany, France, Britain, now has more than the Japanese, the Chinese economy to catch up the next goal is the United States. According to optimistic forecasts, by 2030, China's economy will overtake the U.S. as the world's largest economy

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