business

China’s GDP expected to exceed 100 trln yuan in 2020: Xi

BEIJING, Dec. 31 (Xinhua) — China’s gross domestic product (GDP) is expected to exceed 100 trillion yuan (15.38 trillion U.S. dollars) in 2020, Chinese President Xi Jinping said in Beijing Thursday when delivering a New Year speech to ring in 2021.

China has become the first major economy in the world to register positive growth for the year, Xi said.

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