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China s economy, which was the first to be hit by the coronavirus pandemic and early to recover from its impact, grew 2.3 per cent in 2020, registering the lowest annual growth rate in 45 years, but bucking the trend of slowdowns being experienced by major world economies. The Gross Domestic Product (GDP) of the world s second-largest economy grew by 2.3 per cent, expanding to $15.42 trillion in dollar terms in 2020, according to the data released by China s National Bureau of Statistics (NBS) on Monday. In the local currency, the GDP exceeded 100-trillion-yuan ($15.42 trillion) threshold to 101.5986 trillion yuan, it said. The Chinese economy which suffered a 6.8 per cent slump in the first quarter in 2020 after it went into lockdown following the emergence of the deadly coronavirus in Wuhan staged a steady recovery after quickly containing the Covid-19, while the virus turned into a global pandemic, hitting all major economies around the world, including India.

United statesInternational monetary fundCommunist partyChinese economyIndustrial productionIndustrial profitஒன்றுபட்டது மாநிலங்களில்சர்வதேச பண நிதிகம்யூனிஸ்ட் கட்சிசீன பொருளாதாரம்தொழில்துறை ப்ரொடக்ஶந்தொழில்துறை ப்ராஃபிட்