CHINA’S economy, worth over $9 trillion in 2013, divides opinion. Often it divides it neatly in two: optimists contend with pessimists, apologists with alarmists, bulls with bears. Figures released this month encouraged both camps. China’s economy grew by 7.7% in 2013, a little faster than...
the economy has continued its positive trajectory with the first three quarters’ GDP growing by 3% year-on-year to hit a total of 87 trillion yuan (around $12 trillion):
China is theworld's largest economy. The United States is second, producing $20.5 trillion. The European Union is third, at $19.9 trillion.1 China has almost 1.4 billion people, more than any other country in the world.2China remains a relatively poor country in terms of its standard of ...
Major economic indicators are fairly good. As consumption and services began to play a bigger role in China's economy, the added value of the services sector accounted for 54.6 percent of the GDP, and final consumption contributed 82.5 percent of the overall GDP growth. This reflects the ongoin...
Major economic indicators are fairly good. As consumption and services began to play a bigger role in China's economy, the added value of the services sector accounted for 54.6 percent of the GDP, and final consumption contributed 82.5 percent of the overall GDP growth. This reflects the ongoin...
A year-on-year comparison showed that China’s import and export volume in the first quarter surpassed ten trillion RMB for the first time, setting a new record. The volume contributed by private companies accounted for 5...
Given the significant economic scale of these two economies, particularly China's economy which is expected to reach a total of $18.5 trillion this yearand the US economy is close to $29 trillion.Any upward adjustment in their growth rateshas a substantial impacton the World Bank's report of...
Second, is China ready for such an abrupt exit in the midst of the winter flu season and while the roadmap remains unclear? And finally, will the economy be staging a strong rebound led by revenge consumption? Let us address the questions above one by one. It is easy to say that more...
Together, participants will establish an open and cooperative platform, safeguard and promote an open global economy, create an environment conducive to open development, construct a fair, equitable and transparent system of international trade and investment rules, and advance cooperation based on win-w...
China’s digital economy continued to grow in strength. The value-added of new industries and new business forms and models accounted for over 17 percent of GDP. We fully implemented the coordinated regional development strategy and major regional development strategies. The share of permanent urban...