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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.
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 ...
List of 31 provincial-level administrative divisions in mainland China by Nominal GDP in 2023 (billions of GDP) [ 1] Average exchange rate in 2023: CNY 7.0467 per U.S. dollar [ 2] (PPP no longer included in the table for frequent changes in its index) Rank. Provinces.
Shenzhen, in Guangdong province, is the third biggest Chinese city in GDP terms (US$482 billion) Chongqing is the city with the fourth highest GDP in China (US$433 billion) Guangzhou, in Guangdong province, is the fifth largest city in China in economic terms (US$429 billion)
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.
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]
The People's Republic of China (PRC) shares land borders with 14 countries (tied with Russia for the most in the world): North Korea, Russia, Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal, Bhutan, Myanmar, Laos, and Vietnam. The land borders, in counterclockwise order from northeast to southwest, include the ...