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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.
China's was the only major world economy to experience GDP growth in 2020, when its GDP increased by 2.3%. [ 95] However, it posted one of its worst economic performances in decades because of COVID-19 in 2022. [ 96] In 2023, IMF predicted China to continue being one of the fastest growing major economies. [ 97]
List of top municipalities and prefecture-level divisions by GDP [1] Nominal GDP is based on the official annual average exchange rate at CN¥ 6.7366 per US dollar in 2022; [2] CN¥3.988 per Int'l. dollar (according to World Economic Outlook published by IMF in October 2022 publication) [3] rank cities provinces GDP (billion CNY) GDP (billion US$)
The 14th Five-Year Plan of China, officially the 14th Five-Year Plan for Economic and Social Development and Long-range Objectives Through the Year 2035 of the People's Republic of China, is a set of economic goals designed to strengthen the Chinese economy between 2021 and 2025. It was drafted during the fifth plenum of the 19th Central ...
China’s economy grew 5.2% in 2023. While this expansion marked a significant pick-up compared to 2022, when it grew by just 3% amid intense coronavirus lockdowns and disruption, it was still one ...
By 2022, only Gansu Province had per capita GDP of US$6,638, while the others all were above US$7,500. Apart from the national capital of Beijing and the financial capital of Shanghai, coastal provinces lead the per capita GDP rankings within China, as these coastal provinces are most heavily exposed to export-oriented industrialization.
The government, which in October unveiled 1 trillion yuan ($139.22 billion) in sovereign bonds to fund investment projects, is likely to press ahead with more fiscal spending to drive growth ...
The gross domestic product of China in 2019 was CN¥ 99.08651 trillion, [ 4] or US$ 14.4 trillion (nominal). [ 5] China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006, Germany in 2007, Japan in 2010 and that of the Eurozone in 2018 making China the world's third largest economy after the European Union ...