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China's tertiary industry accounts for 53.9% of the total GDP

Xinhua | Updated: 2020-01-17 16:37
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Tourists visit a lantern fair marking the Year of the Rat at Yuyuan Garden in Shanghai on Jan 13, 2020. [Photo by Wang Gang/For China Daily]

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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