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China's tertiary industry accounts for 53.9% of the total GDP
From:ChinaDaily   |  2020-01-17 16:37

BEIJING -- The added value of China's tertiary industry accounted for 53.9 percent of the country's GDP, up 0.6 percentage points year on year, the National Bureau of Statistics (NBS) said on Friday.

The service industry contributed 59.4 percent to national economic growth, NBS data showed.

Consumption's underpinning role in boosting economic growth was further reinforced, as the consumer spending contributed 57.8 percent of GDP growth in 2019.

The service consumption kept booming, as the proportion of service consumption reached 45.9 percent of the final consumption expenditure of residents, up 1.7 percentage points over last year, NBS's data showed.

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