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Rmb 2,000 mark for the first time,
capita GDP broke the
reaching Rmb 2,055.
3.
real terms
(2).
At Rmb 2,838 billion (at constant (1990) prices),
China's gross industrial output (excluding output from village-run enterprises) in 1992 was higher by 21.7% in Productivity improvement made possible by
increased capital investment and by
the economic reform
measures was а major factor contributing to the rapid increase. Analysed by main ownership types, state-owned enterprises showed the slowest increase in industrial output, while foreign-funded and private enterprises
(2)
Year-on-year growth rates in real terms of China's GNP and gross industrial output:
1989
1990
1991
1992
1992 H1
H2
Gross national
product
(%)
4.0
5.0
7.7
12.8*
12.0 *
13.6*
Gross industrial
output**
(*)
8.5
7.6
12.9
21.7
18.2
24.9
Growth rates of China's GDP in real terms.
**Excluding output from village-run enterprises.
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