SHANGHAI — China's economy grew 9.9% in 2005, the government said Wednesday. The expansion slightly exceeded unofficial estimates.
The full-year growth matched fourth-quarter growth of 9.9% from a year earlier. The country's gross domestic product in full-year 2005 was 18.23 trillion yuan ($2.26 trillion), the National Bureau of Statistics said in a statement.
Strong export growth and foreign investment helped to underpin that robust expansion, despite efforts by the communist leadership to curb excessive investments in construction and redundant factories that have strained transportation networks and supplies of energy and other resources.
What many economists forecast as China's "soft landing" was barely a landing at all, although it was a slight decline from the 10.1% economic growth rate seen in 2004.