The actual 2020Q1 GDP was 20.32 trillion Yuan. Thus, the loss of Chinese GDP due to the COVID-19 epidemic may be estimated as the difference between the hypothetical and the actual GDP, that is, 2.8 trillion Yuan (US$405 billion), or 2.8 percent of the 2019 Chinese national GDP of 99...
According to projections by the IMF, per capita GDP in China will escalate from around 12,600 U.S. dollars in 2022 to 17,700 U.S. dollars in 2029. Major reasons for this are comparatively high economic growth rates combined with negative population growth. China's economic structure is als...
Asia-Pacific Economic Cooperation or APEC is a leading forum that promotes trade, investment, economic growth, and regional cooperation. Its 21 member Pacific Rim economies account for almost half of the world’s trade, nearly 40% of the global population, and about 60% of the world’s GDP....
China’s GDP in the first quarter of 2024 reached RMB 29.63 trillion (US$4.1 trillion) according to preliminary calculations. This is an increase of 5.3 percent from the previous year and an increase of 1.6 percent from the previous quarter when calculated at constant prices. A Flourish chart ...
rate. Source: WITS, U.S. Census, World Bank, CEIC. Units: US$. Export growth directly contributes to GDP growth and import growth reflects domestic income and consumption growth. For simplicity, we use nominal growth rather. In fact, nominal terms have a better model fit than real GDP ...
The average value per user (ARPU) is estimated to be US$66.5. It is worth noting that these projections are specific to the Metaverse Live Entertainment market. Additionally, it is important to mention that these figures pertain to the country of China. ...
The Wharton China Macroeconomic model is an 11-sector input-output flow model of China's Gross Domestic Product (GDP) capable of making projections from the base year, 1983. There are three agricultural sectors, six industrial sectors, and two other sectors. The model is designed and ...
Asia-Pacific Economic Cooperation or APEC is a leading forum that promotes trade, investment, economic growth, and regional cooperation. Its 21 member Pacific Rim economies account for almost half of the world’s trade, nearly 40% of the global population, and about 60% of the world’s GDP....
Center; International Data Corporation; Strategy Analytics; US Census Bureau; Pew Research Center; National Small Business Association; McKinsey Global Institute analysis Depending on the speed and extent of industry adoption, the In...
straight-line GDP projections do not help to dissuade them. It is an open question whether or not more volatile and realistic GDP data would change these policy debates over the medium term, but more uncertainty in projections of China’s economy would probably drive a wider range of potential...