Currency | RenminbiYuan (CNY) = 0.15 USD[1] |
---|---|
Calendar year | |
WTO, APEC, G-20 and others | |
Statistics | |
GDP |
|
GDP rank | |
GDP growth |
|
| |
| |
| |
40.0 medium (2018 est.)[5] | |
Labor force | 803.6 million (1st; 2017)[8] |
| |
Unemployment | 3.97% (Q1 2017)[9] |
| |
46th (2019)[10] | |
External | |
Exports | US$2.48 trillion (2018)[11][12] |
Export goods |
|
| |
Imports | US$2.13 trillion (2018)[12] |
| |
| |
| |
$164.9 billion (2017 est.)[4] | |
Gross external debt | $1.598 trillion (31 December 2017 est.)[4] |
Public finances | |
47% of GDP (2017 est.)[4][note 1] | |
−3.8% (of GDP) (2017 est.)[4] | |
Revenues | 2.553 trillion (2017 est.)[4] |
Expenses | 3.008 trillion (2017 est.)[4] |
| |
Foreign reserves | $3.16 trillion (January 2018)[18] |
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars. |
PPP: abbreviation of purchasing power parity; Nominal: CNY 6.7518 per U.S. dollar; PPP: CNY 3.5063 per Intl. dollar (based on IMF WEO April 2018)[58] | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
provinces | GDP (in billions) | GDP per capita | Mid-year population (given*1000) | |||||||||
Rank | CN¥ | Nominal (US$) | PPP (intl$.) | real growth (%) | Share (%) | Rank | CN¥ | Nominal (US$) | PPP (intl$.) | Share (%) | ||
China | 82,712.20 | 12,250.39 | 23,589.60 | 6.9 | 100 | 59,660 | 8,836 | 17,015 | 100 | 1,386,395 | ||
Guangdong | 1 | 8,987.92 | 1,331.19 | 2,563.36 | 7.5 | 10.87 | 8 | 81,089 | 12,010 | 23,127 | 136 | 109,240 |
Jiangsu | 2 | 8,590.09 | 1,272.27 | 2,449.90 | 7.2 | 10.39 | 4 | 107,189 | 17,176 | 32,570 | 180 | 79,875 |
Shandong | 3 | 7,267.82 | 1,076.43 | 2,072.79 | 7.4 | 8.79 | 9 | 72,851 | 10,790 | 20,777 | 122 | 99,470 |
Zhejiang | 4 | 5,176.83 | 766.73 | 1,476.44 | 7.8 | 6.26 | 5 | 92,057 | 13,634 | 26,255 | 154 | 55,645 |
Henan | 5 | 4,498.82 | 666.31 | 1,283.07 | 7.8 | 5.44 | 19 | 47,129 | 6,980 | 13,441 | 79 | 95,062 |
Sichuan | 6 | 3,698.02 | 547.71 | 1,054.68 | 8.1 | 4.47 | 22 | 44,651 | 6,613 | 12,735 | 75 | 82,330 |
Hubei | 7 | 3,652.30 | 540.94 | 1,041.64 | 7.8 | 4.42 | 11 | 61,971 | 9,179 | 17,674 | 104 | 58,685 |
Hebei | 8 | 3,596.40 | 532.66 | 1,025.70 | 6.7 | 4.35 | 18 | 47,985 | 7,107 | 13,685 | 80 | 74,475 |
Hunan | 9 | 3,459.06 | 512.32 | 986.53 | 8.0 | 4.18 | 16 | 50,563 | 7,489 | 14,421 | 85 | 68,025 |
Fujian | 10 | 3,229.83 | 478.37 | 921.15 | 8.1 | 3.90 | 6 | 82,976 | 12,289 | 23,665 | 139 | 38,565 |
The East Coast (w/ existing development programmes) |
'Rise of Central China' |
'Revitalize Northeast China' |
'China Western Development' |
year | GDP | GDP per capita (GDPPC) based on mid-year population | Reference index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
GDP in billions | real growth (%) | GDPPC | real growth (%) | Mid-year population in thousands | exchange rate 1 foreign currency to CNY | ||||||
CNY | USD | PPP (Int'l$.) | CNY | USD | PPP (Int'l$.) | USD 1 | Int'l$. 1 (PPP) | ||||
p2017 | 82,712.20 | 12,250.39 | 23,589.60 | 6.9 | 59,660 | 8,836 | 17,015 | 6.3 | 1,386,395 | 6.7518 | 3.5063 |
r2016 | 74,358.50 | 11,194.69 | 21,231.94 | 6.7 | 53,974 | 8,126 | 15,411 | 6.1 | 1,378,665 | 6.6423 | 3.5022 |
r2015 | 68,905.21 | 11,063.07 | 19,414.84 | 6.9 | 50,251 | 8,068 | 14,159 | 6.4 | 1,371,220 | 6.2284 | 3.5491 |
r2014 | 64,397.40 | 10,483.40 | 18,138.58 | 7.3 | 47,203 | 7,684 | 13,295 | 6.8 | 1,364,270 | 6.1428 | 3.5503 |
2013 | 59,524.44 | 9,611.26 | 16,641.35 | 7.8 | 43,852 | 7,081 | 12,260 | 7.3 | 1,357,380 | 6.1932 | 3.5769 |
2012 | 54,036.74 | 8,560.28 | 15,218.19 | 7.9 | 40,007 | 6,338 | 11,267 | 7.4 | 1,350,695 | 6.3125 | 3.5508 |
2011 | 48,930.06 | 7,575.72 | 13,958.08 | 9.5 | 36,403 | 5,636 | 10,385 | 9.0 | 1,344,130 | 6.4588 | 3.5055 |
2010 | 41,303.03 | 6,101.34 | 12,476.00 | 10.6 | 30,876 | 4,561 | 9,326 | 10.1 | 1,337,705 | 6.7695 | 3.3106 |
2005 | 18,731.89 | 2,286.69 | 6,551.90 | 11.4 | 14,368 | 1,754 | 5,026 | 10.7 | 1,303,720 | 8.1917 | 2.8590 |
2000 | 10,028.01 | 1,211.35 | 3,687.72 | 8.5 | 7,942 | 959 | 2,921 | 7.6 | 1,262,645 | 8.2784 | 2.7193 |
1990 | 1,887.29 | 394.57 | 1,108.48 | 3.9 | 1,663 | 348 | 977 | 2.4 | 1,135,185 | 4.7832 | 1.7026 |
1980 | 458.76 | 306.17 | 306.76 | 7.8 | 468 | 312 | 313 | 6.5 | 981,235 | 1.4984 | 1.4955 |
1970 | 227.97 | 92.60 | 19.3 | 279 | 113 | 16.1 | 818,320 | 2.4618 | |||
1960 | 147.01 | 59.72 | 8.0 | 220 | 90 | -0.2 | 667,070 | 2.4618 | |||
1952 | 67.91 | 30.55 | 119 | 54 | 568,910 | 2.2227 |
Year | Total Investment (in % of GDP) | Inflation rate (in Percent) | Unemployment (in Percent) | Budget balance (in % of GDP) | Government debt (in % of GDP) | Current account (in % of GDP) |
---|---|---|---|---|---|---|
1980 | 35.5 % | n/a | 4.9 % | n/a | n/a | n/a |
1981 | 33.5 % | 2.5 % | 3.8 % | n/a | n/a | n/a |
1982 | 32.4 % | 2.0 % | 3.2 % | 0.2 % | n/a | n/a |
1983 | 32.4 % | 2.0 % | 2.3 % | 0.0 % | n/a | n/a |
1984 | 34.9 % | 2.7 % | 1.9 % | 0.1 % | n/a | n/a |
1985 | 39.5 % | 9.3 % | 1.8 % | 0.9 % | n/a | n/a |
1986 | 38.2 % | 6.5 % | 2.0 % | −0.3 % | n/a | n/a |
1987 | 37.8 % | 7.3 % | 2.0 % | −0.7 % | n/a | n/a |
1988 | 39.5 % | 18.8 % | 2.0 % | −1.0 % | n/a | n/a |
1989 | 37.5 % | 18.0 % | 2.6 % | −0.9 % | n/a | n/a |
1990 | 34.4 % | 3.1 % | 2.5 % | −0.7 % | n/a | n/a |
1991 | 35.7 % | 3.4 % | 2.3 % | −1.0 % | n/a | n/a |
1992 | 39.6 % | 6.4 % | 2.3 % | −1.2 % | n/a | n/a |
1993 | 44.0 % | 14.7 % | 2.6 % | −0.9 % | n/a | n/a |
1994 | 40.8 % | 24.1 % | 2.8 % | −1.7 % | n/a | n/a |
1995 | 39.6 % | 17.1 % | 2.9 % | −0.9 % | 21.4 % | n/a |
1996 | 38.2 % | 8.3 % | 3.0 % | −0.7 % | 21.3 % | n/a |
1997 | 36.2 % | 2.8 % | 3.1 % | −0.7 % | 20.4 % | 3.8 % |
1998 | 35.6 % | −0.8 % | 3.1 % | −1.1 % | 20.5 % | 3.0 % |
1999 | 34.9 % | −1.4 % | 3.1 % | −2.3 % | 21.7 % | 1.9 % |
2000 | 34.3 % | 0.4 % | 3.1 % | −2.8 % | 22.8 % | 1.7 % |
2001 | 36.3 % | 0.7 % | 3.6 % | −2.6 % | 24.4 % | 1.3 % |
2002 | 36.9 % | −0.8 % | 4.0 % | −2.9 % | 25.7 % | 2.4 % |
2003 | 40.4 % | 1.2 % | 4.3 % | −2.4 % | 26.6 % | 2.6 % |
2004 | 42.7 % | 3.9 % | 4.2 % | −1.5 % | 26.2 % | 3.5 % |
2005 | 41.0 % | 1.8 % | 4.2 % | −1.4 % | 26.1 % | 5.7 % |
2006 | 40.6 % | 1.5 % | 4.1 % | −1.1 % | 25.4 % | 8.4 % |
2007 | 41.2 % | 4.8 % | 4.0 % | 0.1 % | 29.0 % | 9.9 % |
2008 | 43.2 % | 5.9 % | 4.0 % | 0.0 % | 27.0 % | 9.1 % |
2009 | 46.3 % | −0.7 % | 4.3 % | −1.5 % | 34.3 % | 4.8 % |
2010 | 47.9 % | 3.3 % | 4.1 % | −0.4 % | 33.7 % | 3.9 % |
2011 | 48.0 % | 5.4 % | 4.1 % | −0.1 % | 33.6 % | 1.8 % |
2012 | 47.2 % | 2.6 % | 4.1 % | −0.3 % | 34.3 % | 2.5 % |
2013 | 47.3 % | 2.6 % | 4.1 % | −0.8 % | 37.0 % | 1.5 % |
2014 | 46.8 % | 2.0 % | 4.1 % | −0.8 % | 39.9 % | 2.2 % |
2015 | 44.7 % | 1.4 % | 4.1 % | −2.8 % | 41.1 % | 2.7 % |
2016 | 44.1 % | 2.0 % | 4.0 % | −3.7 % | 44.3 % | 1.8 % |
2017 | 44.4 % | 1.6 % | 3.9 % | −3.9 % | 47.8 % | 1.4 % |
Period | Two-way trade | Exports | Imports |
---|---|---|---|
1981–1985 | +12.8% | +8.6% | +16.1% |
1986–1990 | +10.6% | +17.8% | +4.8% |
1991–1995 | +19.5% | +19.1% | +19.9% |
1996–2000 | +11.0% | +10.9% | +11.3% |
2001–2005 | +24.6% | +25.0% | +24.0% |
2006–2010 | +15.9% | +15.7% | +16.1% |
2015 | −8.0% | −2.8% | −14.1% |
Date | Acquirer | Acquirer industry | Target | Target industry | Target country | Deal value in USD |
---|---|---|---|---|---|---|
3 February 2016 | CNAC Saturn (NL) BV | Chemicals | Syngenta AG | Chemicals | Switzerland | 41,840.11 |
23 July 2012 | CNOOC Canada Holding Ltd | Other financials | Nexen Inc | Oil and gas | Canada | 19,119.31 |
1 February 2008 | Shining Prospect Pte Ltd | Other financials | Rio Tinto PLC | Metals and mining | United Kingdom | 14,284.17 |
2 June 2017 | China Investment Corp | Alternative financial investments | Logicor Ltd | Non residential | United Kingdom | 13,742.43 |
14 July 2017 | Nesta Investment Holdings Ltd | Other financials | Global Logistic Properties Ltd | Non residential | Singapore | 11,553.58 |
22 August 2017 | China Unicom (BVI) Ltd | Telecommunications services | China Unicom Hong Kong Ltd | Telecommunications services | Hong Kong | 11,255.81 |
6 October 2016 | Park Aerospace Holdings Ltd | Transportation and infrastructure | C2 Aviation Capital LLC | Transportation and infrastructure | United States | 10,380.00 |
14 October 2015 | China Tower Corp Ltd | Telecommunications services | China-Telecommun tower asts | Wireless | China | 9,948.41 |
21 June 2016 | Halti SA | Other financials | Supercell Oy | Software | Finland | 8,600.00 |
24 June 2009 | Mirror Lake Oil & Gas Co Ltd | Oil and gas | Addax Petroleum Corp | Oil and gas | Switzerland | 7,157.40 |
1 October 2010 | China Petrochemical Corp | Oil and gas | Repsol YPF Brasil SA | Oil and gas | Brazil | 7,111.00 |
16 March 2016 | Anbang Insurance Group Co Ltd | Insurance | Strategic Hotels & Resorts Inc | REITs | United States | 6,500.00 |
24 October 2016 | Hna Tourism Grp Co Ltd | Travel services | Hilton Worldwide Holdings Inc | Hotels and lodging | United States | 6,496.88 |
17 February 2016 | Tianjin Tianhai Invest Co Ltd | Transportation and infrastructure | Ingram Micro Inc | Computers and peripherals | United States | 6,067.41 |
22 March 2015 | Marco Polo Industrial Hldg SpA | Other financials | Pirelli & C SpA | Automobiles and components | Italy |
On Jan. 26, 2017, S&P Global Ratings affirmed the 'AA-' long-term and 'A-1+' short-term sovereign credit ratings on China. The outlook on the long-term rating remains negative
Even the most pessimistic observers think China will still grow by 4 or 5 percent
Wang mocked fears of a bubble—'What's a bubble? Tulips and Bitcoins are bubbles
In the first quarter of the year — the most recent comparison available — the output of the finance industry accounted for 1.3 percentage points of China's 7 percent growth rate.
the country's biggest brokerage firms unveiled a government-endorsed plan on Saturday to buy shares starting on Monday
novices have rushed to join a national fever of speculation
People with knowledge of the agency's operations said it bought at least 1 trillion yuan worth of shares between July 6 and 10. Of this amount, about 300 billion yuan was spent on July 8.
...$3.1 trillion in market value, much of it financed with borrowed money, has been erased since mid-June.
...policy makers say they will give market forces greater sway over currency's value. The official exchange rate will be set based on the renminbi's trading performance....
By some economists' estimates, real estate and related industries account for more than 20 percent of China's gross domestic product
The coal industry is hurting nationwide, as coal prices have fallen nearly 60 percent since 2011, said Deng Shun, an analyst at ICIS C1 Energy, a consultancy based in Shanghai.
Wikimedia Commons has media related to Economy of China. |