In 2006, China made remarkable achievements in national economic and social development. According to preliminary calculation, the gross domestic product of the year was 20.9407 trillion yuan, growing 10.7 percent year on year. The added value of the primary industry was 2.47 trillion yuan, up 5 percent; that of the secondary industry was 10.2004 trillion yuan, up 12.5 percent; and that of the tertiary industry was 8.2703 trillion yuan, up 10.3 percent. The added value of primary, secondary and tertiary industries contributed 11.8 percent, 48.7 percent and 39.5 percent to the gross domestic product, respectively.
Residents in Wuxi, Jiangsu Province, enjoy outdoor performances. The Chinese economy is burgeoning and more Chinese are becoming rich to lead a well-off life.
At the end of 2006, China's foreign exchange reserves reached $1.0663 trillion, an increase of $247.5 billion as compared with that at the end of the pervious year. At the end of the year, the exchange rate was 7.8087 yuan to $1, an appreciation of 3.35 percent over that at the end of 2005.
The various taxes collected in the whole year reached 3.7636 trillion yuan (excluding tariffs, farm land taxes and deed taxes), rising 21.9 percent or an increase of 677 billion yuan over 2005.