China 's GDP reached 18.23 trillion yuan in 2005, an increase of 9.9 percent over the previous year.
When using a graph to describe the economic conditions of a country, the country's GDP, or Gross Domestic Product, is one indication that should be included and referenced.
Yet growth in GDP remains the bedrock of Government economic policy.
Spending about 3.5 per cent of GDP on defense does not involve the American citizenry in any great sacrifice.
In Europe research accounts for between 2-4% of GDP, a figure large enough to warrant government policy initiatives.