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From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching a historical high of 15.2% in 1984 and a record low of 3.8% in 1990. Based on the current price, the country's average annual GDP growth in these 32 years was 15.8%, reaching an historical high of 36.41% in 1994 and a record low of 6.25% in 1999.
China is the second most populous country in Asia as well as the second most populous country in the world, with a population exceeding 1.4 billion.. China has an enormous population with a relatively small youth component, partially a result of China's one-child policy that was implemented from 1979 until 2015.
The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history. [ 1]: 11.
China’s years-long property slump shows no signs of abating, as quarterly new home sales tumbled by 30.7% year-on-year. Property investment also fell 9.5% over the same period.
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Per capita GDP exceeded US$10,000 for the first time in Beijing (US$10,402) and Shanghai (US$10,593) in 2009. Mainland China's per capita GDP (US$10,158) exceeded US$10,000 for the first time in the year of 2019, and 11 provinces including Beijing, Shanghai, Jiangsu, Fujian, Tianjin, Zhejiang, Guangdong, Hubei, Chongqing, Inner Mongolia and ...
On a year-on-year basis, GDP expanded 6.3% in the second quarter, accelerating from 4.5% in the first three months of the year, but the rate was below the forecast for growth of 7.3%.
Historical list of the world's ten largest economies by GDP (PPP) (billions USD) (World Bank figures) Year World Top 10 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 2015 113,612.52: 68,997.53 China 19,524.35 United States 17,947.0 Japan 4,738.29 Germany 3,848.27 Russia 3,579.83 Brazil 3,192.40 Indonesia 2,842.24 United Kingdom 2,691.81