The National Bureau of Statistics increased the 2021 GDP figure by 556.7 billion yuan to 114.9 trillion yuan ($16.5 trillion).
Rate increased to 8.4 after correction
After the correction, the annual growth rate in 2021 increased from 8.1 percent to 8.4 percent.
Annual GDP in China is calculated once again for verification after the initial calculation. During the verification process, annual statistical data, final budget accounts and administrative records of the ministries are taken into account.