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.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 5.4 percent in 2023 and 5.0 percent in 2024. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

China Consumer Confidence Score: Future Local Economy data was reported at 68.000 Score in Jan 2023. This records an increase from the previous number of 66.000 Score for Dec 2022. China Consumer Confidence Score: Future Local Economy data is updated monthly, averaging 43.300 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 74.200 Score in Jan 2021 and a record low of 20.700 Score in Oct 2012. China Consumer Confidence Score: Future Local Economy data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s China – Table CN.IPSOS: Consumer Confidence Survey.

The graph shows per capita gross domestic product (GDP) in China until 2024, with forecasts until 2030. In 2024, per capita GDP reached around 13,300 U.S. dollars in China. That year, the overall GDP of China had amounted to 18.7 trillion U.S. dollars. Per capita GDP in China Gross domestic product is a commonly-used economic indicator for measuring the state of a country's economy. GDP is the total market value of goods and services produced in a country within a given period of time, usually a year. Per capita GDP is defined as the GDP divided by the total number of people in the country. This indicator is generally used to compare the economic prosperity of countries with varying population sizes.In 2010, China overtook Japan and became the world’s second-largest economy. As of 2024, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2023, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked second among BRIC countries in terms of GDP per capita. Future development According to projections by the IMF, per capita GDP in China will escalate from around 13,300 U.S. dollars in 2024 to 18,600 U.S. dollars in 2030. Major reasons for this are comparatively high economic growth rates combined with negative population growth. China's economic structure is also undergoing changes. A major trend lies in the shift from an industry-based to a service-based economy.

According to preliminary data, the agricultural sector contributed around 6.8 percent to the gross domestic product (GDP) of China in 2024, whereas 36.5 percent of the economic value added originated from the industrial sector and 54.6 percent from the service sector, respectively. The total GDP of China at current prices amounted to approximately 134.91 trillion yuan in 2024. Economic development in China The gross domestic product (GDP) serves as a primary indicator to measure the economic performance of a country or a region. It is generally defined as the monetary value of all finished goods and services produced within a country in a specific period of time. It includes all of private and public spending, government spending, investments, and net exports which are calculated as total exports minus imports. In other words, GDP represents the size of the economy.With its national economy growing at an exceptional annual growth rate of above nine percent for three decades in succession, China had become the worlds’ second largest economy by 2010, surpassing all other economies but the United States. Even though China's GDP growth has cooled down in recent years, its economy still expanded at roughly two times the pace of the United States in 2024. Breakdown of GDP in China When compared to other developed countries, the proportions of agriculture and industry in China's GDP are significantly higher. Even though agriculture is a major industry in the United States, it only accounted for about one percent of the economy in 2023. While the service sector contributed to more than 70 percent of the economy in most developed countries, it's share was considerably lower in China. This was not only due to China's lower development level, but also to the country’s focus on manufacturing and export. However, as the future limitations of this growth model become more and more apparent, China is trying to shift it's economic focus to the high-tech and service sectors. Accordingly, growth rates of the service sector have been considerably higher than in industry and agriculture in the years before the spread of the coronavirus pandemic.

China Consumer Confidence Score: Future Local Economy: Positive Response data was reported at 74.468 Score in Jan 2023. This records an increase from the previous number of 72.569 Score for Dec 2022. China Consumer Confidence Score: Future Local Economy: Positive Response data is updated monthly, averaging 51.858 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 83.488 Score in Jan 2021 and a record low of 32.265 Score in Sep 2012. China Consumer Confidence Score: Future Local Economy: Positive Response data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s China – Table CN.IPSOS: Consumer Confidence Survey.

China Consumer Confidence Score: Future Local Economy: Negative Response data was reported at 4.200 Score in Jan 2023. This records a decrease from the previous number of 5.547 Score for Dec 2022. China Consumer Confidence Score: Future Local Economy: Negative Response data is updated monthly, averaging 7.455 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 24.229 Score in Feb 2020 and a record low of 1.453 Score in Oct 2020. China Consumer Confidence Score: Future Local Economy: Negative Response data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s China – Table CN.IPSOS: Consumer Confidence Survey.

In the third quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.

China Asset Securitization: New Registered: Scale: Future Operation Revenue data was reported at 7.061 RMB bn in Oct 2025. This records an increase from the previous number of 0.300 RMB bn for Sep 2025. China Asset Securitization: New Registered: Scale: Future Operation Revenue data is updated monthly, averaging 1.216 RMB bn from Jan 2020 (Median) to Oct 2025, with 70 observations. The data reached an all-time high of 12.050 RMB bn in Oct 2020 and a record low of 0.000 RMB bn in Apr 2024. China Asset Securitization: New Registered: Scale: Future Operation Revenue data remains active status in CEIC and is reported by Asset Management Association of China. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Asset Securitization: Scale.

Regional gross domestic product (GDP) in China varies tremendously across the country. In 2024, the GDP of Guangdong province amounted to around **** trillion yuan, whereas that of Tibet only reached about ***** billion yuan. While Guangdong has a thriving economy and is densely populated, Tibet is located in a remote mountain area and has a population of only around *** million people. Regional economic differences in China China can generally be divided into four different economic macro-regions: the economically well-developed coastal parts in Eastern China, the less-developed Central and Northeastern China, and the developing region of Western China. This division is reflected in the figures for regional per capita GDP. The coastal parts of China are not only economically more advanced, but also have a considerably higher population density. This is the result of climatic conditions on the one hand and China's firm integration into the global economy on the other. International companies were initially attracted by special economic zones set up in coastal areas during China's market opening, and well-connected, highly developed urban areas of Eastern China are still favored by international businesses. Prospects for future development The Chinese government has long since been aware of the economic disparities in the country and the political unrest they might stir. Major efforts have been made to improve the conditions in less developed regions. The situation in Central and Western China has improved considerably in the last two decades, and rural poverty decreased on a striking scale. In recent years, growth rates in the west of China have even been higher than in coastal areas. However, the constraints of the global economy remain, and it is very likely that Eastern China will stay ahead in international markets in the foreseeable future.

According to a survey's result of 2019, ** percent of CEOs in China stated that they agreed totally that there will be a global shift to a low-carbon, clean technology economy that will determine the business growth.

The graph shows national debt in China related to gross domestic product until 2024, with forecasts to 2030. In 2024, gross national debt ranged at around 88 percent of the national gross domestic product. The debt-to-GDP ratio In economics, the ratio between a country's government debt and its gross domestic product (GDP) is generally defined as the debt-to-GDP ratio. It is a useful indicator for investors to measure a country's ability to fulfill future payments on its debts. A low debt-to-GDP ratio also suggests that an economy produces and sells a sufficient amount of goods and services to pay back those debts. Among the important industrial and emerging countries, Japan displayed one of the highest debt-to-GDP ratios. In 2024, the estimated national debt of Japan amounted to about 250 percent of its GDP, up from around 180 percent in 2004. One reason behind Japan's high debt load lies in its low annual GDP growth rate. Development in China China's national debt related to GDP grew slowly but steadily from around 23 percent in 2000 to 34 percent in 2012, only disrupted by the global financial crisis in 2008. In recent years, China increased credit financing to spur economic growth, resulting in higher levels of debt. China's real estate crisis and a difficult global economic environment require further stimulating measures by the government and will predictably lead to even higher debt growth in the years ahead.

The 13th Five-Year Plan, as the overall economic and social development plan for mainland China from 2016 to 2020, holds immense significance as the first five-year plan led by the new generation of CCP leaders under Xi Jinping. It is based on five development concepts: innovation, coordination, green development, opening up, and sharing. Innovation takes the lead, demonstrating the primary intention to transform the future economic structure through innovation. During the 12th Five-Year Plan period, significant progress was made in the "quantity" dimension, while progress in the "quality" dimension has become the main focus of the 13th Five-Year Plan, including deepening reforms and driving innovation.

Classification of China’s four major economic regions.

Graph and download economic data for Consumer Opinion Surveys: Economic Situation: Future Tendency for China (CHNCSESFT02STSAM) from Jan 1990 to Aug 2025 about , and China.

China Turnover: Value: Shanghai Future Exchange: Total data was reported at 24,930,524.140 RMB mn in Nov 2025. This records a decrease from the previous number of 26,341,009.387 RMB mn for Oct 2025. China Turnover: Value: Shanghai Future Exchange: Total data is updated monthly, averaging 9,608,961.605 RMB mn from Jul 1999 (Median) to Nov 2025, with 317 observations. The data reached an all-time high of 32,074,611.566 RMB mn in Apr 2025 and a record low of 31,638.545 RMB mn in Feb 2000. China Turnover: Value: Shanghai Future Exchange: Total data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Turnover.

In 2023, final consumption of the economy in China accounted for about 55.7 percent of the gross domestic product (GDP). The share of final consumption in the total GDP of China is expected to increase gradually in the upcoming years. Level of consumption in China Final consumption refers to the part of the GDP that is consumed, in contrast to what is invested or exported. In matured economies, final consumption often accounts for 70 or more percent of the total GDP. In developing countries, however, a significantly larger share may be spent on investments in infrastructure, real estate, and industrial capacities.Since its economic opening up, China was among the countries with the highest ratio of spending on investment and the lowest on consumption. Especially since 2000, China spent increasing amounts of money on infrastructure and housing, while the share spent on consumption dropped to an all-time low. This was not only related to China’s rapid economic ascendence, but also to a large working-age population and a low dependency ratio. Recent developments and outlook As the rate of returns on investment has dropped gradually since the global financial crisis in 2008, China is trying to shift to a more consumption-driven growth model. Accordingly, the share of final consumption has increased since 2010. Although this trend was interrupted by the coronavirus pandemic, it will most probably continue in the future. Lower demand for new infrastructure and housing, as well as an aging population, are the main drivers of this development.

Between 2005 and 2020, the GDP of China grew from 2.3 trillion to 14.9 trillion U.S. dollars. During the same time period the GDP of the United States grew from 13 trillion to 20.8 trillion dollars. It is estimated that, by 2030, China will overtake the U.S. as the world's largest economy, with a GDP of 33.7 trillion dollars, compared to 30.5 trillion dollars; this margin of more than three trillion is predicted to increase to almost 13 trillion over the subsequent five year period.

Graph and download economic data for Business Tendency Surveys (Retail Trade): Employment: Future Tendency: National Indicator for China (CHNBREMFT02STSAQ) from Q1 2000 to Q4 2011 about China, retail trade, business, sales, and retail.

The green economy has been advocated globally as a solution to environmental issues. In China, it is considered a national strategy for future economic development. This study utilizes methods such as Industry Network, Maximum Spanning Tree (MST) method, Leiden Community Clustering (LCC) algorithm, and Weaver-Thomas (WT) model to explore the contribution and position of the green economy and industries in China’s economic development. The findings are as follows: (1) The density of China’s green industry network has experienced a process of initially tightening and then loosening, ultimately tending towards stability. (2) The trunk structure of China’s industrial network remains relatively stable, forming an industrial structure with electricity, heat production and supply as the core. (3) China’s industrial and green industry communities continue to improve and become more cohesive, but some green industries are still on the periphery of communities. (4) The ability of green industries to pull other industries is weak, and the subsequent promotion momentum needs to be improved. However, the green industry still has enormous room for growth and potential to unleash its long-term positive multiplier effects. More attention and support need to be given by managers and decision-makers, so that it can make better contributions to society and the economy.