Beijing, January 17, 2023(AseanAll)-China’s gross domestic product (GDP) expanded by only 3% in 2022, one of its lowest annual outcomes in decades.

China’s  GDP was 121,020.7 billion yuan (US 17.95 trillion) in 2022, an increase of 3.0 percent over last year at constant prices，according to data posted by National Bureau of Statistics of China  on Tuesday（January 17）.

The country’s GDP results fell short of Beijing’s modest official growth objective of 5.5%, lower than the targets of many years.

In 2022, the country’s total value of imports and exports of goods was 42,067.8 billion yuan, an increase of 7.7 percent over last year. The total value of exports was 23,965.4 billion yuan, up by 10.5 percent; the total value of imports was 18,102.4 billion yuan, up by 4.3 percent. The trade balance was 5,863.0 billion yuan in surplus. 

By the end of 2022, the national population was 1,411.75 million (including the population of 31 provinces, autonomous regions and municipalities and servicemen, but excluding residents of Hong Kong, Macao and Taiwan and foreigners living in the 31 provinces, autonomous regions and municipalities), a decrease of 0.85 million over that at the end of 2021. In 2022, the number of births was 9.56 million with a birth rate of 6.77 per thousand; the number of deaths was 10.41 million with a mortality rate of 7.37 per thousand; the natural population growth rate was minus 0.60 per thousand.