Search results
Results from the WOW.Com Content Network
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2016 has been the world's largest economy when measured by purchasing power parity (PPP).
The average CNY exchange rate used here is from the National Bureau of Statistics of China, and CNY PPP exchange rates are estimated according to the International Monetary Fund (IMF). Since the implementation of reform and opening up in mainland China in 1978, its economy has developed rapidly.
Since the Reform and Opening Up period, China has evolved into a backbone of the world economy. [2] China has been the fastest growing economy in the world since the 1980s, with an average annual growth rate of 10% from 1978 to 2005, based on government statistics. Its GDP reached US$2.286 trillion in 2005. [3]
China’s leadership, which gathered this month to discuss economic targets and policies for next year, has indicated that it will ramp up fiscal and monetary support for the economy.
Last year, China also set an “around 5%” target, in what was then the country’s lowest numerical target announced in decades. Earlier this year, it said economic growth had reached 5.2% in 2023.
Jia, currently president of the China Academy of New Supply-side Economics, a private think tank, was quoted as saying the potential bond issuance of up to 10 trillion yuan was “not unreasonable ...
The China Statistical Yearbook [3] (traditional Chinese: 中國統計年鑑; simplified Chinese: 中国统计年鉴 [4]), also translated into English as China Statistical Annual, [5] is a large-scale yearbook of statistical information [6] comprehensively reflecting the economic and social development of the People's Republic of China. [7] It ...
List of 31 provinces in mainland China by nominal GDP for 2023 & 2024 (at current price) [1] provinces GDP in 2024 (mil. GDP) (preliminary budget data) GDP in 2023 (mil. GDP) (revision based on the 5th econ-census) ExRate: ￥7.1217 per US dollar in 2024 [2] ExRate: ￥7.0467 per US dollar in 2023; CN¥ US$ share (%) CN¥ US$ share (%) Mainland ...