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.
In 2023, the value added to the GDP by strategic new industries in Shenzhen city in China amounted to around 1.45 trillion yuan. Other key industries in Shenzhen are finance and logistics. Shenzhen was one of the first Special Economic Zones established by Deng Xiaoping and it is famous today as home of some Chinese tech giants such as Huawei, DJI, and Tencent.
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The IT Services industry in China has performed well over the past five years, due to the application of new technologies, like cloud computing, big data, AI and the Internet of Things. The growth in IT investment and of China's information sector has boosted industry demand. Industry revenue is expected to grow at an annualized 8.2% over the five years through 2025, to total $448.2 billion. This trend includes anticipated growth of 3.0% in the current year.Industry revenue increased slower in 2022, mainly because the aggravated COVID-19 epidemic in the year has led to delays in project delivery. Reduced budget from government customers also resulted in weaker industry demand, due to the large expenditures on the protection and control measures.Although the IT services industry in China is still relatively new, it has been expanding quickly. The Chinses Government attaches great importance on the development of information sector, which stimulated the demand for IT services. Strong government supports on digital economy and the construction of digital China have created a favorable condition for the development of the industry and will increase the demand for IT services.The industry's outsourcing and offshoring service segment experienced the stable growth over the past five years, boosted by government support. Industry exports will increase at an average rate of 4.5% in the five years to 2025. Exports as a share of industry revenue is expected to total 4.1% in 2025.Industry revenue is forecast to grow at an annualized 4.0% over the five years through 2030, to total $546.5 billion. The recovery of Chinese economy, the improvement of IT equipment and software technologies and the accelerated digital transformation in both government and private sectors are anticipated to remain the most important drivers for the industry's development. New technologies, like cloud computing, big data, AI and the Internet of Things, will also continue to motivate industry development.The industry is highly fragmented and has a low concentration level. The top four participants will jointly account for 2.1% of industry revenue in 2025. Industry concentration level is forecast to increase over the next five years, as large IT services firms acquire smaller local providers to gain market share in the growing small- and medium-sized business market segment.
According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.
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The Convention and Exhibition Services industry in China is expected to generate $5.0 billion in revenue in 2023, increasing by 17.3% from 2022. Industry revenue is anticipated to fall at a CAGR of 4.3% over the five years through 2023. The industry managed 2,572 conventions and exhibitions in 2022. With fast recovery of China's economy development in 2023, the industry is expected to manage more conventions and exhibitions. In 2023, the industry profitability is expected to be 13.4%.Strong domestic demand for convention and exhibition services has stemmed from the growing Chinese economy and increasing international trade. Major international events like the 2008 Beijing Olympics, the 2010 World Expo in Shanghai and the 2014 APEC summit in Beijing have driven industry growth. The top four industry participants, China Foreign Trade Centre Group, Ltd., Shanghai Fengyuzhu Culture Technology Co., Ltd., China International Exhibition Center Group Limited and Beijing North Star Company Limited are expected to account for 33.3% of total industry revenue in 2023. Companies in Beijing, Shanghai and Guangdong provinces have represented significant shares of industry revenue due to the higher economic activity in these areas.Industry revenue is forecast to increase at a CAGR of 7.2% over the five years through 2028, to reach $7.1 billion. The number of conventions and exhibitions hosted by the industry is projected to surpass that of many developed countries. The number of conventions and exhibitions held by the government is forecast to decline, although the government will likely provide more guidance on the industry's development through regulations that standardize the operating environment. Conventions and exhibitions for professional services are projected to account for a larger market share over the next five years. Many of these conventions and exhibitions will likely be held by convention and exhibition companies, and specialized industrial associations.
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The China industrial hoses market is poised for steady growth, with its market value expected to increase from USD 1.3 billion in 2025 to USD 2.1 billion by 2035, registering a CAGR of 5.3% over the forecast period. The expansion of key industries, including manufacturing, construction, automotive, and oil & gas, is driving demand for industrial hoses. Advancements in materials and hose technologies, alongside stringent safety and environmental regulations, are shaping the market's evolution.
Metric | Value |
---|---|
Industry Size (2025E) | USD 1.3 billion |
Industry Value (2035F) | USD 2.1 billion |
CAGR (2025 to 2035) | 5.3% |
China Industrial Hoses Market Analysis by Top Investment Segments
Product Type Segment | CAGR (2025 to 2035) |
---|---|
Tank Water Hoses | 6.2% |
Application Segment | CAGR (2025 to 2035) |
---|---|
Water Tankers | 6.0% |
Country - Wise Analysis
Province | CAGR (2025 to 2035) |
---|---|
Guangdong | 5.6% |
Province | CAGR (2025 to 2035) |
---|---|
Jiangsu | 5.4% |
Province | CAGR (2025 to 2035) |
---|---|
Zhejiang | 5.2% |
Province | CAGR (2025 to 2035) |
---|---|
Shandong | 5.3% |
Province | CAGR (2025 to 2035) |
---|---|
Sichuan | 5.1% |
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China Exports to United States was US$525.65 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to United States - data, historical chart and statistics - was last updated on July of 2025.
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GDP from Services in China decreased to 195142.30 CNY Hundred Million in the first quarter of 2025 from 765582.50 CNY Hundred Million in the fourth quarter of 2024. This dataset provides - China Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The revenue of the Powdered Beverage Manufacturing industry in China is expected to rise at an annualized 4.5% over the five years through 2024. This trend includes growth of 4.7% in the current year. The industry competition is intensified. The number of enterprises will increase at 1.7% on average while the number of establishments will increase at 1.9% on average in the next five years.In recent years, with the increase of per capita income and the change of consumer behavior, the consumption level has been rising. The relative proportion of young people in the total market of major consumer groups continued to increase. Consumer preferences for healthier products and greater variety in product types have supported the development of the medium- and high-end products. Stricter food regulations will be implemented to regulate the industry operations and ensure the safety of powdered beverages. Both producers and consumers will pay more attention to food safety.Rising production efficiency, increasing income levels, and improving product quality are projected to drive growth over the next five years. Industry revenue is forecast to rise at an annualized 3.4% over the five years through 2029. Additionally, the top four players in the industry will account for a joint market share of 22.9% in 2024. M&A activities in the Powdered Beverage Manufacturing industry in China will become more frequent. The industry companies will increasingly use automated equipment to complete repetitive tasks in the producing process to improve production efficiency and reduce human errors.
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The grey relational grades of China’s digital economy with the sports industry and other major economic sectors.
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The impact of the factor misallocation between China’s three major industries on the income distribution gap within the three major industries.
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Graph and download economic data for Production: Industry: Total Industry Excluding Construction for China (PRINTO01CNQ663N) from Q1 1999 to Q3 2023 about China, IP, and construction.
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China Land Price: 36 City: Northeast Area: Industrial data was reported at 605.921 RMB/sq m in Sep 2021. This records an increase from the previous number of 604.591 RMB/sq m for Jun 2021. China Land Price: 36 City: Northeast Area: Industrial data is updated quarterly, averaging 568.000 RMB/sq m from Dec 2008 (Median) to Sep 2021, with 52 observations. The data reached an all-time high of 605.921 RMB/sq m in Sep 2021 and a record low of 499.000 RMB/sq m in Sep 2009. China Land Price: 36 City: Northeast Area: Industrial data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: Regional: Key City.
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The China media and entertainment market is a dynamic and rapidly expanding sector, projected to reach a substantial size. The market's impressive Compound Annual Growth Rate (CAGR) of 5.95% from 2019-2033 indicates strong and consistent growth. This expansion is driven by several key factors. Firstly, the burgeoning middle class in China boasts increasing disposable income, fueling higher spending on entertainment and media consumption. Secondly, technological advancements, particularly in mobile internet penetration and streaming platforms, have significantly broadened access to diverse media content. The rise of short-form video platforms and interactive gaming experiences also contributes to the market's dynamism. Furthermore, government initiatives promoting the cultural and creative industries in China provide a supportive environment for growth. However, regulatory changes and increasing competition among major players present challenges. The market is segmented by type (e.g., film, television, music, gaming, digital media) and application (e.g., home entertainment, out-of-home entertainment, mobile entertainment). Key players, including Tencent Holdings, Alibaba, ByteDance, and NetEase, compete fiercely, employing various strategies to capture market share, focusing on content creation, distribution, and user engagement. This competitive landscape necessitates innovation and strategic partnerships for sustained success. The forecast period of 2025-2033 presents significant opportunities for growth, particularly within the digital media segment. The continued expansion of e-sports, live streaming, and virtual reality experiences is expected to drive significant revenue streams. However, addressing challenges such as content piracy and ensuring healthy competition remain crucial for the sector's long-term sustainability. Future growth will depend on the effective navigation of regulatory complexities, the continuous development of innovative content formats, and the fostering of a diverse and inclusive media landscape. The market's substantial size and projected growth make it an attractive investment destination, albeit one requiring careful consideration of the market's evolving dynamics.
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Revenue for the Industrial Gas and Basic Chemical Manufacturing industry in China is expected to grow at an annualized 8.3% over the five years through 2023, including an increase of 8.5% in the current year, to reach $132.7 billion. As the industry produces a range of chemical raw materials, its performance is largely determined by the activities of downstream manufacturing industries.Over the past five years, growth rates have varied widely among product segments. The industrial gases segment has grown rapidly, while market conditions for basic chemical have fluctuated dramatically. Industrial gas is widely used in fields of steel smelting, petroleum processing, welding and metal processing, aerospace, automobile and transportation equipment, etc. The development of those industries in China has greatly promoted the development of the domestic industrial gas industry. The industrial gases manufacturing segment has a relatively short history in China, and its share of industry revenue is expected to continue rising as its commercial applications increase.Basic chemical covers a wide range of metal and non-metal oxides, peroxides, and simple substances. There are hundreds of sub-categories. There are a large number of chemical enterprises in the industry, but small in scale, and they generally produce several categories of products in related fields. The largest proportion of companies in the industry consists of small companies that employ fewer than 100 workers.Industry revenue is forecast to grow at an annualized rate of 6.0% over the five years through 2028, to reach $177.5 billion. Fueled by the strong performance of China's manufacturing sector, the industry will continue to grow strongly. Industry profitability is also anticipated to increase as firms develop higher value-added products and implement more efficient production methods. Private enterprises are forecast to continue to be particularly active in the industrial gases and hydrogen peroxide segments due to high efficiencies, flexibility and profit. In the yellow phosphorus segment, state-owned enterprises are projected to maintain their dominant position, as most phosphate mines are operated and controlled by the government.
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The China construction machinery market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR of 5.10% and a known 2019-2024 historical period), is experiencing robust growth, projected to maintain a steady CAGR of 5.10% through 2033. This expansion is fueled by several key drivers: China's continued substantial investment in infrastructure development, including its Belt and Road Initiative; urbanization and the ongoing need for modernized housing and commercial buildings; and a growing emphasis on renewable energy projects and related infrastructure. Technological advancements, such as the integration of hybrid and electric drive systems in construction machinery, are shaping market trends, promoting greater efficiency and reducing environmental impact. However, challenges remain, including potential fluctuations in government spending, global economic uncertainty, and the need to address ongoing supply chain complexities. Market segmentation reveals strong demand across various machinery types, with cranes, excavators, and loaders consistently performing well. The OEM sales channel dominates, but the aftermarket segment is also growing steadily as the installed base of machinery expands. Competition is fierce, with both domestic giants like XCMG and Sany Group, as well as international players such as Caterpillar and Liebherr, vying for market share. The competitive landscape necessitates strategic innovation and efficient supply chain management. Companies are focusing on developing advanced technologies, optimizing product offerings for specific applications (building, infrastructure, energy), and strengthening their after-sales service networks to maintain a competitive edge. While the Chinese market holds significant promise, companies must carefully navigate the regulatory environment and address potential economic headwinds to achieve sustainable growth. Further growth is expected in the hybrid and electric drive segments driven by both environmental concerns and potential government incentives. Regional variations within China will likely influence market dynamics, with faster growth anticipated in rapidly developing urban centers. Future projections suggest a continuously expanding market, driven by long-term infrastructure development plans and ongoing economic growth. Recent developments include: November 2022: XCMG confirmed signed purchasing contracts worth USD 60 million with four major global suppliers, Kawasaki Heavy Industries, Linde Hydraulics AG, Danfoss A/S, and Daimler SE, to build a high-end global supply chain network and maintain resilience in the global construction equipment manufacturing industry. The contracts were signed at the ongoing China International Import Expo (CIIE) in Shanghai., November 2022: XCMG chose Allison transmissions as their exclusive transmission supplier for all-terrain cranes. Allison's new 4970 Specialty Series (SP) transmission will debut in the XCMG XCA400L8 all-terrain crane model., October 2022: Shantui delivered its first DL300G bulldozer to a customer in Hong Kong. The machine would be deployed in prestigious construction projects like the construction of the third runway of Hong Kong International Airport, the SUEZ landfill, and Discovery Bay Golf Course in Hong Kong., August 2022: XCMG announced the building of its second XE7000 hydraulic excavator. The new XE7000 features a backhoe design with a larger bucket capacity and higher operating efficiency, which is claimed to fully meet the needs of mining customers.. Key drivers for this market are: Electrification of Construction Equipment May Propel the Market Growth. Potential restraints include: Construction Rental Business May Hamper Market Growth. Notable trends are: Growing Demand for Excavators to Drive the Market..
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China Industrial Production: YoY: Year to Date: Television Receiver: Set-top Box data was reported at 41.900 % in Apr 2016. This records an increase from the previous number of 36.500 % for Feb 2013. China Industrial Production: YoY: Year to Date: Television Receiver: Set-top Box data is updated monthly, averaging 18.150 % from Feb 2009 (Median) to Apr 2016, with 46 observations. The data reached an all-time high of 41.900 % in Apr 2016 and a record low of 7.200 % in Dec 2011. China Industrial Production: YoY: Year to Date: Television Receiver: Set-top Box data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BA: Industrial Production: Period on Period Change.
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Revenue for the Industrial Ceramic Manufacturing in China is expected to grow at an annualized 4.0% over the five years through 2024, to total $35.5 billion. This trend includes anticipated growth of 3.2% in the current year. Boosted by increasing domestic demand and strong policy assistance, enterprise numbers are expected to increase at an annualized 0.8% over the five years through 2024. Wages and employment are anticipated to rise at an annualized 1.2% and 1.1%, respectively, over the five years through 2024.The industry has grown steadily over the past five years, driven by government supports, and strong development in various downstream industries, including electronics manufacturing, automobile manufacturing, electric power generation and communications and information industries. Moreover, with the introduction of foreign production equipment and technology, the Industrial Ceramic Manufacturing in China is developing rapidly in the future. In addition, with the implementation of One Belt and One Road strategy, the export volume between China and countries and regions along the routes, like West Asia and Central Asia, will increase. This will also promote the development of Industrial Ceramic Manufacturing in China.Industry revenue is forecast to increase at an annualized 4.7% annually over the five years through 2029, to total $44.7 billion. Although the industry's technology and systems have improved considerably in recent years, a technology gap still exists between Chinese firms and foreign manufacturers. Over the next five years, industry players are anticipated to focus more on the development of high-tech industrial ceramic products, the introduction of advanced foreign technology, lower production costs and the implementation of low-pollution manufacturing processes. As a result, technology will likely play an important competitive role in the future.
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The China office real estate market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR of >5.50% and market size XX), presents a dynamic and rapidly evolving landscape. Key growth drivers include the continued expansion of China's IT and ITES sector, robust growth in the BFSI industry, and the increasing demand for modern, efficient office spaces in major cities like Beijing and Shanghai. These factors are contributing to a compound annual growth rate exceeding 5.50%, projecting significant market expansion through 2033. However, market restraints such as economic fluctuations, government regulations impacting property development, and potential oversupply in certain segments could influence the growth trajectory. The segmentation of the market by major cities (Beijing, Shanghai, and Rest of China) and sectors (IT & ITES, Manufacturing, BFSI, Consulting, and Other Services) highlights the diverse opportunities and challenges within the market. Leading developers like Wanda Group, Henderson Land, and Evergrande Group are key players shaping the market dynamics through their significant project portfolios. Understanding these factors is crucial for investors and businesses operating within this competitive environment. The forecast for the China office real estate market reveals a consistently expanding market, although the rate of growth may fluctuate slightly year-on-year depending on macroeconomic conditions and government policies. The concentration of activity in major cities like Beijing and Shanghai underscores the importance of strategic location in driving investment. The IT and ITES sector is expected to remain a significant driver of demand due to continuous technological advancements and the growth of Chinese tech companies. The BFSI sector also presents strong growth potential due to its increasing need for sophisticated office spaces. The "Rest of China" segment showcases emerging opportunities as smaller cities experience economic growth and attract investment. While significant challenges remain, the overall outlook suggests considerable potential for growth and profitability for those strategically positioned within the China office real estate market. China Office Real Estate Market Report: 2019-2033 This comprehensive report provides an in-depth analysis of the China office real estate industry, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period extending to 2033, this report offers invaluable insights for investors, developers, and businesses operating within this dynamic market. The report uses data from the historical period (2019-2024) and incorporates recent market developments to provide a holistic view of the sector's current status and future trajectory. It analyzes key players like Wanda Group, Henderson Land Development Company Limited, Evergrande Group, Greenland Holding Group, and others, examining their strategies and market positions within the context of evolving industry trends. The market is segmented by major cities (Beijing, Shanghai, Rest of China), sectors (IT & ITES, Manufacturing, BFSI, Consulting, Other Services), and other critical factors. This report is crucial for understanding the challenges and opportunities presented by the rapidly changing Chinese office real estate landscape. Recent developments include: April 2023: China's new private equity real estate pilot programme is designed to boost investment in the property sector and attract increased foreign investment. The pilot programme, announced by the Securities Regulatory Commission (CSRC) last month, is intended to boost private investment in the Chinese real estate market and open the door to foreign investors. The aim is to improve liquidity and reduce property developers' debt ratios., March 2023: Cushman & Wakefield's (NYSE: CWK) Greater China Capital Markets team recently facilitated the acquisition by CapitaLand Investment Private Fund of the Beijing Suning Life Plaza mixed-use development from Suning for approximately US$400 million.. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Weak economic environment. Notable trends are: Robust Leasing Demand For the Office Spaces Driving the Market.
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From the perspective of agricultural industrialization, based on China’s provincial data from 2006 to 2022, it studies the impact of financial inclusion on farmers’ income. We have found that financial inclusion can effectively promote the growth of farmers’ income, and this effect shows the heterogeneity of different income structures, income levels, and regional types. More importantly, agricultural industrialization is an important mechanism for financial inclusion to promote farmers’ income growth. However, the interactive effect of financial inclusion and agricultural industrialization has not promoted the growth of farmers’ income, indicating that there are certain structural problems in the current development of financial inclusion. We suggest that the development of financial inclusion should aim at the agricultural industrialization based on division of labor and cooperation. It can focus on supporting the development of local leading industries with regional comparative advantages, guide farmers to enter the agricultural industry chain, and improve farmers’ opportunities to share economic results.
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.