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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.
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 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 Chinese economy grew 5.3% year-on-year in the first quarter of the year, according to data from the National Bureau of Statistics. That figure beat economist expectations of around 4.2% to 4.8%.
Gross domestic product (GDP) grew 4.9% in July-September from the year earlier, data released by the National Bureau of Statistics showed, versus analysts' expectations in a Reuters poll for a 4.4 ...
In 2020, China produced over 1053 million tonnes of steel, over half of the world total. This was an increase of 5.6% over the previous year as global steel production fell by 0.9%. China's share of global crude steel production increased from 53.3% in 2019 to 56.5% in 2020. Decreasing -2.1% in 2021. [259]
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 ...