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 4.8 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.

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the third quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View quarterly updates and historical trends for China GDP. Source: National Bureau of Statistics of China. Track economic data with YCharts analytics.

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 19.3 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.

View quarterly updates and historical trends for China Real GDP YoY. Source: National Bureau of Statistics of China. Track economic data with YCharts anal…

China GDP data was reported at 31,875.800 RMB bn in Mar 2025. This records a decrease from the previous number of 37,372.616 RMB bn for Dec 2024. China GDP data is updated quarterly, averaging 7,996.500 RMB bn from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 37,372.616 RMB bn in Dec 2024 and a record low of 528.490 RMB bn in Mar 1992. China GDP data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AA: Gross Domestic Product: Quarterly.

GDP from Manufacturing in China increased to 306003.60 CNY Hundred Million in the third quarter of 2025 from 202550.30 CNY Hundred Million in the second quarter of 2025. This dataset provides - China Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP: Shanghai data was reported at 5,392.671 RMB bn in 2024. This records an increase from the previous number of 5,140.447 RMB bn for 2023. GDP: Shanghai data is updated yearly, averaging 51.814 RMB bn from Dec 1949 (Median) to 2024, with 76 observations. The data reached an all-time high of 5,392.671 RMB bn in 2024 and a record low of 2.028 RMB bn in 1949. GDP: Shanghai data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

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.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for China (NAEXKP01CNA652S) from 1970 to 2020 about China, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for China (CHNGDPNQDSMEI) from Q1 1992 to Q3 2023 about China and GDP.

In 2024, the real growth rate of the gross domestic product (GDP) of Yunnan province in China increased by *** percent compared to the previous year. Yunnan province is located in Southwestern China.

In 2024, the annual per capita gross domestic product (GDP) in different provinces, municipalities, and autonomous regions in China varied from approximately 228,200 yuan in Beijing municipality to roughly 52,800 yuan in Gansu province. The average national per capita GDP crossed the threshold of 10,000 U.S. dollars in 2019 and reached around 95,700 yuan in 2024. Regional economic differences in China The level of economic development varies considerably in different parts of China. Four major geographic and economic regions can be discerned in the country: The economically advanced coastal regions in the east, less developed regions in Northeast and Central China, and the developing regions in the west. This division has deep historical roots reflecting the geography of each region and their political past and present. Furthermore, regional economic development closely correlates with regional urbanization rates, which closely resembles the borders of the four main economic regions. Private income in different parts of China Breaking the average income figures further down by province, municipality, or autonomous region reveals that the average disposable income in Shanghai or Beijing is on average more than three times higher than in Tibet or Gansu province. In rural areas, average disposable income is often only between one third and one half of that in urban areas of the same region. Accordingly, consumer expenditure per capita in urban areas reaches the highest levels in Shanghai, Beijing, and the coastal regions of China.

GDP from Services in China increased to 592955.20 CNY Hundred Million in the third quarter of 2025 from 390313.80 CNY Hundred Million in the second quarter of 2025. This dataset provides - China Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the real growth rate of the gross domestic product (GDP) of Hubei province in China increased by *** percent compared to the previous year. Hubei province is located in Central China.

In 2024, the real growth rate of the gross domestic product (GDP) of Hunan province in China increased by *** percent compared to the previous year. Hunan province is located in Central China.

In 2024, the real growth rate of the gross domestic product (GDP) of Fujian province in China increased by *** percent compared to the previous year. Fujian province is located in Eastern China.

In 2024, the gross domestic product (GDP) per capita of Beijing municipality amounted to around ******* yuan, up from ******* yuan in 2015. Beijing is the capital city of China and after Shanghai the second largest city in the country. Per capita GDP development in Beijing Beijing saw an amazingly steady development of per capita GDP over the last decades, with nominal figures roughly doubling over the last ten years and exceeding ****** U.S. dollars for the first time in 2017. When compared on a national provincial and municipal level, Beijing displays the highest per capita GDP figures in China. From a city perspective, only very few Chinese cities indicate per capita GDP values on a comparable or higher level. Compared to other countries in the Asian Pacific region, Beijing’s per capita GDP is in the middle field and still considerably lower than the national average in developed East Asian countries. People’s income situation in Beijing As with per capita GDP, disposable income per person living in Beijing improved steadily over time. Real growth rates of disposable income slowed down in recent years but still indicated a robust positive development. Although overall consumer price inflation was consistently low in Beijing, prices for housing, child-related services, and eating out exploded over the years, leaving the impression for many lower income families that life in Beijing is no longer affordable.

China: Household consumption as percent of GDP: The latest value from 2023 is 39.57 percent, an increase from 37.78 percent in 2022. In comparison, the world average is 63.62 percent, based on data from 155 countries. Historically, the average for China from 1960 to 2023 is 47.23 percent. The minimum value, 34.6 percent, was reached in 2010 while the maximum of 72.01 percent was recorded in 1962.

In 2024, the real growth rate of the gross domestic product (GDP) of Hainan province in China increased by *** percent compared to the previous year. Hainan province is located in Southern China.