China’s 2023 gross domestic product (GDP) has been revised to 129.4 trillion yuan (approximately 18 trillion U.S. dollars), according to official data released on Thursday. The updated figure marks an increase of 3.4 trillion yuan compared to the preliminary estimate, as reported by the Nation...
The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was three percent in 2022 and 5.2 percent in 2023. In 2023, per capita GDP in China reached around 12,600 U.S. dollars. Economic...
Per capita GDP in China was estimated at around 12,600 U.S. dollars in 2023, slightly below the average level in East Asia and Pacific.
this growth rate is again higher than many forecasters’ predictions. The UCLA Anderson Forecast developed an alternative model to estimate China’s GDP growth2. The model uses four key variables’
- China achieves 5.2% GDP growth in 2023, successfully meeting yearly target; - Premier Li Qiang urges global cooperation and vows continued opening-up at WEF. Here’s what you need to know about China in the past 24 hours China's gross domestic product expanded by 5.2 percent in 2023 -...
4月16日官方发布的数据显示,继2023年第四季度增长5.2%之后,中国第一季度国内生产总值同比增长5.3%,预计未来几个月经济将实现稳步复苏。 The country's GDP came in at 29.63 trillion yuan ($4.09 trillion) in the first quarter, according to the National Bureau of Statistics. On a quarter-on-quarter ba...
We estimate China’s average potential economic growth rate to decline to 3.9% in the 14th FYP period and China’s average potential economic growth rate to be 3.1% during 2020-2035. The second scenario considers the po...
Despite this, the scaling exponent of UOS remains at a low level, far lower than the theoretical estimate of 0.8 for urban infrastructure in the hypothesis of urban scaling theory. Figure 1 The evolution of Urban Scaling fitting for urban open space and city size in China from 1990 to 2020...
The Chinese government has set long-term carbon neutrality and renewable energy (RE) development goals for the power sector. Despite a precipitous decline in the costs of RE technologies, the external costs of renewable intermittency and the massive inve
‘two unshakables’ were again emphasized – to deepen SOE reform and to improve business environment for private enterprises. As the reopening has so far turned out to be smoother than expected, we have recently adjusted our estimate of 2023 GDP growth upward to 5.0%. Economic recovery takes ...