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  2. Economy of China - Wikipedia

    en.wikipedia.org/wiki/Economy_of_China

    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 2017 has been the world's largest economy when measured by purchasing power parity (PPP).

  3. State-owned enterprises of China - Wikipedia

    en.wikipedia.org/wiki/State-owned_enterprises_of...

    The state sector is a major part of China's economy, with SOEs accounting for approximately 25% of the national GDP as of 2020. [10]: 6 China's SOEs are among the largest global firms by revenue, and of the 135 Chinese companies on the Fortune Global 500 list (2023), 85 are state-owned.

  4. Socialist market economy - Wikipedia

    en.wikipedia.org/wiki/Socialist_market_economy

    As of the end of 2019, China's SOEs represented 4.5% of the global economy. State-owned enterprises accounted for over 60% of China's market capitalization in 2019 [30] and generated 40% of China's GDP of US$15.97 trillion (101.36 trillion yuan) in 2020, with domestic and foreign private businesses and investment accounting for the remaining 60%.

  5. China’s economy had a miserable year. 2024 might be ... - AOL

    www.aol.com/china-economy-had-miserable-2024...

    The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag ...

  6. China’s economy is in bad shape. Can its ‘whatever-it-takes ...

    www.aol.com/china-economy-bad-shape-whatever...

    But the benchmark’s fortunes were unexpectedly turned around in late September when China’s top leaders announced a raft of measures to support the country’s flailing economy. The index has ...

  7. China sets ambitious economic growth target of ‘around 5% ...

    www.aol.com/china-sets-ambitious-economic-growth...

    China has set an ambitious economic expansion target of “around 5%“ for 2024, as its leaders vowed to “transform the growth model” in the face of significant challenges facing its development.

  8. Five-year plans of China - Wikipedia

    en.wikipedia.org/wiki/Five-year_plans_of_China

    It was the first time in China's history that an all-round plan for social and economic development was created at the start of a new five-year plan. The national goals of the Plan included speeding up development on the coast, with inland regions role's being to "support and accelerate coastal development."

  9. The economic anxiety is on display all over China. On social media, users share hacks to save money. Public libraries are filled with working-age people who are searching job sites and polishing ...