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NBS: China's service sector totaled 13.134t yuan in 2008

NBS: China's service sector totaled 13.134t yuan in 2008

Write: Dysthe [2011-05-20]

China revised the added value of its service sector in 2008 to 13.134 trillion yuan ($1.92trillion) from the previous 12.0487 trillion yuan, the National Bureau of Statistics (NBS) said in Beijing Friday.

The sector has grown 26.4 percent from its 2007 level, based on the 2007 NBS data according to the revision.

The sector accounted for 41.8 percent of the country's economy last year after the modification, said the NBS.

The revision came after China finished its second national economic census, which started in October last year to gather basic information of all industrial and service-sector entities active in 2008.

The census is conducted every five years and the latest one aimed to help form the basis of the social and economic development blueprint for the 12th Five-Year Plan (2011-15).