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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 Economic Yearbook (Almanac of China's Economy, 中国经济年鉴) is an annually published economic record that is published by the Development Research Center of the State Council of the People's Republic of China. Founded in 1981, China Economic Yearbook records the development of China's national economy and social progress annually.
The economic stimulus plan was seen as a success: While China's economic growth fell to almost 6% by the end of 2008, it had recovered to over 10% by in mid-2009. Critics of China's stimulus package have blamed it for causing a surge in Chinese debt since 2009, particularly among local governments and state-owned enterprises .
In May 2020, Chinese Premier Li Keqiang announced that, for the first time in history, the central government would not set an economic growth target for 2020, with the economy having contracted by 6.8% compared to 2019 and China facing an "unpredictable" time. However, the government also stated an intention to create 9 million new urban jobs ...
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 ...
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
April 16 – The government of the People's Republic of China releases economic data for Q1 2009, showing a rise in GDP by 6.1%, fall in CPI by 1.2% during March, PPI down 4.6%, industrial output by 5.1%, retail sales up 15%, and fixed asset investment up 28.8%. [25] April 22 –
China Statistics Press (Chinese: 中国统计出版社) is a Chinese publishing entity that disseminates statistics, statistical theories, and monographs. It operates under the National Bureau of Statistics and is situated in the Fengtai District of Beijing.