Chinas GDP hits 7.49 trillion US dollars in 2011

The gross domestic product (GDP) of China hits 47.2 trillion yuan (7.49 trillion US dollars at 6.3 yuan to 1 US dollar) in 2011, 9.2 percent higher than 2010 calculating at comparable prices, according to the economic data issued by the National Bureau of Statistics of China on Tuesday.
 
In 2011 China’s GDP increased by 9.4 percent in the first quarter from a year earlier, 9.5 percent in the second quarter, 9.1 percent in the third quarter and 8.9 percent in the fourth quarter.
 
There is analysis that the fourth quarter GDP number of 8.9% is evidence of a soft landing for China’s economy
 
Hong Kong GDP is 278 billion US dollars at the end of 2011. Macau has a GDP of about $30 billion US dollars. China’s GDP with Hong Kong and Macau is $7.8 trillion.
 
China has a hidden economy that is about another 10-15% of the economy.