In 2024, the industrial sector generated around **** percent of China's GDP. It was by far the largest contributor, followed by the wholesale and retail industry that was responsible for **** percent and the financial sector that produced *** percent of the country's economic output. Since China is the second-largest economy in the world, the industrial sector’s output alone exceeded the entire economy of Germany. China’s export and investment-driven economy China economic development of the early 2000s was mainly driven by investments and exports. A country's gross domestic product (GDP) consists of three parts: Consumption, investments, and net exports. Typically, emerging economies rely mainly on investments and exports for growing their economy and China was no exception. By the end of the 2010s, investments fueled more than 40 percent of China's GDP and exports were responsible for almost another 20 percent. In comparison to that, in most developed economies, investments make up only 20 percent of the economic output. Instead, the main economic driver is consumption. The economic structure in China created a huge industrial sector. For instance, China was the biggest steel exporter, the leading merchandise exporter, and exported more than a third of global household goods. Great push towards transformation In early 2018, the Chinese government proclaimed that the country's economy had reached a new development stage where consumption and services replaced investment and manufacturing as the main driver of economic growth. The fear of the middle-income trap and changing demographics were the main reasons for Beijing's emphasis on economic transformation. Although incomes in China had not stagnated, policymakers attempted to preempt “getting stuck” by steering the economy towards high-quality growth and consumption-focus. Furthermore, a society that was older and had a higher share of middle-class population had different requirements to the economy. In the case of a successful transformation, China's economy would become more similar to those of developed nations. For instance, the financial sector was the largest contributor to the United States economy. In the case of Germany, the service sector generates the largest share of gross domestic product.

The statistic shows the distribution of the workforce across economic sectors in China from 2014 to 2024. In 2024, around 22.2 percent of the workforce were employed in the agricultural sector, 29 percent in the industrial sector and 48.8 percent in the service sector. In 2022, the share of agriculture had increased for the first time in more than two decades, which highlights the difficult situation of the labor market due to the pandemic and economic downturn at the end of the year. Distribution of the workforce in China In 2012, China became the largest exporting country worldwide with an export value of about two trillion U.S. dollars. China’s economic system is largely based on growth and export, with the manufacturing sector being a crucial contributor to the country’s export competitiveness. Economic development was accompanied by a steady rise of labor costs, as well as a significant slowdown in labor force growth. These changes present a serious threat to the era of China as the world’s factory. The share of workforce in agriculture also steadily decreased in China until 2021, while the agricultural gross production value displayed continuous growth, amounting to approximately 7.8 trillion yuan in 2021. Development of the service sector Since 2011, the largest share of China’s labor force has been employed in the service sector. However, compared with developed countries, such as Japan or the United States, where 73 and 79 percent of the work force were active in services in 2023 respectively, the proportion of people working in the tertiary sector in China has been relatively low. The Chinese government aims to continue economic reform by moving from an emphasis on investment to consumption, among other measures. This might lead to a stronger service economy. Meanwhile, the size of the urban middle class in China is growing steadily. A growing number of affluent middle class consumers could promote consumption and help China move towards a balanced economy.

The impact of coronavirus COVID-19 outbreak with a prolonged shutdown of business operation could be devastating on China's economy. Recreation industry was estimated to suffer the most with a drop by *** percentage points form the baseline of no virus outbreak. Transportation, trade and communication services were other hard-hit industries.

The China Big Data Technology Investment market report segments the industry into By Deployment (On-Premise, Cloud), By Enterprise Size (Large Enterprise, Small & Medium Enterprise), By Solution (Customer Analytics, Fraud Detection and Management, Operation Intelligence, and more), and By End-User Industry (BFSI, Healthcare, Retail, Manufacturing and Automotive, Aerospace & Defense, and more.)

China % of Value Added of Core Industries of Digital Economy data was reported at 100.000 % in 2023. China % of Value Added of Core Industries of Digital Economy data is updated yearly, averaging 100.000 % from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 100.000 % in 2023 and a record low of 100.000 % in 2023. China % of Value Added of Core Industries of Digital Economy data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AVA: Value Added of Core Industries of Digital Economy.

The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Manufacturing in China increased to 202550.30 CNY Hundred Million in the second quarter of 2025 from 98344.50 CNY Hundred Million in the first quarter of 2025. This dataset provides - China Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly ** trillion yuan, registering a nominal year-on-year growth of **** percent, much higher than the country's nominal GDP growth at *** percent. The digital economy accounted for around ** percent of China's GDP.

Chinese Domestic Databases Market Outlook

The Chinese Domestic Databases market size is set for robust growth, projected to grow from USD 2 billion in 2023 to USD 6.5 billion by 2032, reflecting an impressive CAGR of 13.5%. This growth is driven by the increasing demand for data sovereignty, technological advancements, and regulatory support from the Chinese government. The market is primed for expansion, propelled by factors such as the burgeoning digital economy, increased cloud adoption, and the strategic focus on indigenous technological advancements.

One of the primary growth factors for the Chinese Domestic Databases market is the increasing emphasis on data sovereignty and security. With the Chinese government imposing stringent regulations on data storage and management, domestic companies are compelled to utilize local databases to ensure compliance. This has created a favorable environment for the growth of domestic database providers who are tailored to meet these unique requirements. Additionally, the rise in cyber threats has further driven the need for secure and reliable database solutions, contributing significantly to market growth.

Technological advancements and innovation within the database industry are also pivotal growth drivers. The rapid development of Artificial Intelligence (AI) and Machine Learning (ML) technologies has allowed for more efficient and intelligent database management systems. Innovations in data handling, processing speed, and storage capabilities provide a significant competitive edge to domestic databases over international counterparts. Furthermore, the integration of AI and ML with databases enables advanced analytics and insights, helping businesses make more informed decisions, thus driving the market forward.

The digital transformation across various sectors in China has also fueled the demand for robust database solutions. Sectors such as finance, healthcare, and retail are increasingly relying on digital platforms for their operations, necessitating sophisticated and reliable databases to manage vast amounts of data. The push towards a digital economy by the Chinese government, coupled with initiatives like the "New Infrastructure" program, which focuses on the development of digital infrastructure including big data centers, has significantly boosted the demand for domestic databases.

Regionally, East China dominates the market due to the presence of major economic hubs like Shanghai and Hangzhou, which are home to numerous technology companies and data centers. North China, with Beijing as its central hub, also plays a significant role in the market due to the concentration of governmental bodies and financial institutions that demand secure and compliant database solutions. South China, particularly Shenzhen, is another critical region, given its prominence as a technology and innovation hub. Central China and other regions are gradually catching up as investments in digital infrastructure spread across the country. Overall, the regional dynamics of the Chinese Domestic Databases market present a diverse and rapidly evolving landscape.

Type Analysis

The Chinese Domestic Databases market comprises various types, including Relational Databases, NoSQL Databases, NewSQL Databases, and others. Relational Databases have been the cornerstone of the database industry for decades, offering structured data storage and easy retrieval through SQL queries. Despite their age, they remain highly relevant due to their robustness, reliability, and the vast ecosystems that have developed around them. In China, relational databases continue to be widely adopted across various industries, particularly in sectors like finance and government, where data accuracy and consistency are paramount.

NoSQL Databases have gained significant traction in recent years due to their flexibility, scalability, and ability to handle unstructured data. Unlike traditional relational databases, NoSQL databases can seamlessly manage large volumes of diverse data types, making them ideal for applications in big data and real-time web applications. In China, the adoption of NoSQL databases is particularly prominent in the e-commerce and social media sectors, where the ability to scale out horizontally and handle high-velocity data is crucial.

NewSQL Databases represent a hybrid approach that combines the best features of traditional relational databases and NoSQL databases. They offer the scalability and flexibility of NoSQL while maintaining the ACID (Atomicity, Consistency, Isolation, Durability) prope

China Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data was reported at 4,313.500 RMB bn in 2023. China Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data is updated yearly, averaging 4,313.500 RMB bn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 4,313.500 RMB bn in 2023 and a record low of 4,313.500 RMB bn in 2023. China Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AVA: Value Added of Core Industries of Digital Economy.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.45 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth ranged at 5.0 percent in 2024. China's per capita GDP is also expected to continue to grow, reaching 13,300 U.S. dollars in 2024. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 141,100 U.S. dollars and 111,700 U.S. dollars, respectively, expected for 2025.China is the largest exporter and second largest importer of goods in the world and is also among the largest manufacturing economies. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 50.2 million metric tons in 2023. GDP composition in China Industry and construction account for less than 40 percent of China's GDP. Some of the major industries include mining and ore processing, food processing, coal, machinery, textiles and apparel, and consumer products. Almost half of China's output is dedicated to investment purposes. However, as the country tends to support gross output, innovation, technological advancement, and even quality are often lacking.

United States Exports to China was US$143.55 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to China - data, historical chart and statistics - was last updated on September of 2025.

The In-Home Care & Other Household Services industry in China has not developed very well in the past few years. Due to the COVID-19 pandemic, many services provided by the industry cannot be implemented, resulting in a decrease in industry revenue. Industry revenue is expected to decrease at an annualized rate of 4.7% over the five years through 2024 to $7.1 billion. The continuous growth of China's population and the trend of aging have led to a great demand for industries in society, and currently the industry has not formed a good supply-demand relationship.Industry profit is expected to total 3.7% of revenue in 2024. Total wages are expected to decrease by an annualized 3.8% over the five years through 2024 to $3.2 billion. The technological barriers in the industry are low, resulting in a large workforce and low profits. The industry is typically labor-intensive, with wages accounting for 45.8% of industry revenue in 2024. There are large number of small-size companies and self-employed practitioners in the industry. Industry concentration is very low. The largest company in the industry represents only 0.3% of industry revenue in 2024. Most participants operate in local markets only, and just a small number of franchise chain companies are able to cover multiple regions.The industry is forecast to continue growing strongly in the next five years, benefiting from Chinese residents' upgrading consumption, the third-child policies implemented in 2022, and as China becomes an aging society. Industry revenue is expected to increase an annualized 1.5% over the five years through 2029 to total $7.6 billion. Market shares are expected to increase towards franchise chain companies, which are encouraged by the Government. The industry's concentration level will rise, but still stay low. Customers will likely prefer high-end services, due to their increasing purchasing power. Furthermore, O2O platforms are projected to become a major channel for both consumers and industry practitioners in the industry.

GDP from Services in China increased to 390313.80 CNY Hundred Million in the second quarter of 2025 from 195142.30 CNY Hundred Million in the first quarter of 2025. This dataset provides - China Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Value Added of Core Industries of Digital Economy: Industries Driven by Digital Factors data was reported at 2,474.700 RMB bn in 2023. China Value Added of Core Industries of Digital Economy: Industries Driven by Digital Factors data is updated yearly, averaging 2,474.700 RMB bn from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 2,474.700 RMB bn in 2023 and a record low of 2,474.700 RMB bn in 2023. China Value Added of Core Industries of Digital Economy: Industries Driven by Digital Factors data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AVA: Value Added of Core Industries of Digital Economy.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for China (DDAM02CNA156NWDB) from 2001 to 2020 about market cap, companies, stock market, and China.

China Big Data Technology Investment Opportunities Market was valued at USD 45.2 Billion in 2023 and is projected to reach USD 95.6 Billion by 2031, growing at a CAGR of 9.8% from 2024 to 2031.

China Big Data Technology Investment Opportunities Market: Definition/Overview

Big data technology is defined as the complex ecosystem of tools, processes, and methodologies that are utilized to handle extremely large datasets. These technologies are designed to extract valuable insights from structured and unstructured data that is generated at unprecedented volumes. Furthermore, the applications of big data technology are seen across multiple sectors, where data is processed, analyzed, and transformed into actionable intelligence. Advanced analytics, artificial intelligence, and machine learning capabilities are integrated into these systems, through which deeper insights are enabled, and predictive capabilities are enhanced.

This horizontal bar chart displays ESG score (/ 100) by industry using the aggregation average in China. The data is about companies.

The China Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (North China, Northeast China, East China, South-Central China, and More). The Market Forecasts are Provided in Terms of Value (USD).