GDP growth affects S. Korea’s employment most
South Korea’s economic growth rate has had the greatest impact on the country’s employment level among major macroeconomic variables over the past years, a report showed Wednesday. A 1 percentage-point gain in South Korea’s real gross domestic product (GDP) is estimated to have boosted the number of employed people by 0.41 percentage point between 2000-18, […]
China’s new economy value increases 13 trillion yuan in 2017
The value-added output of new industries, new types of business and new business models was about 12.96 trillion yuan (about $1.87 trillion) in 2017, accounting for 15.7 percent of China’s GDP, up 0.4 percentage points from 2016, the National Bureau of Statistics (NBS) said Thursday. In current prices, China’s new economy grew 14.1 percent in 2017, […]
Internet contributes 0.9 pct to Vietnam’s GDP
HANOI — Internet contributes 0.9 percent to Vietnam’s GDP and 1.6 percent to the country’s GDP growth rate of 14.4 percent, according to the figures released in a workshop held here on Wednesday. Vietnam is an emerging market for the Internet development, ranking 13th in the world in terms of young Internet users with a […]
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