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TwitterThe 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.
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TwitterThe graph shows the number of employed people in China from 2014 to 2024. In 2024, the workforce in China amounted to around 734.4 million people. This marked an annual decrease of six million and is in line with a general downward trend since 2014. Workforce in China China’s total population has been declining since 2022 and dropped by 1.4 million annually to around 1.408 billion as of the end of 2024. This development is also reflected in the number of people in working age which has been shrinking since 2014. The labor force of China, which refers to the population aged 16 and over and capable of working, has been declining since 2016 and ranged at around 772.2 million in 2023. Out of the total number of employed people in 2023, about 470.3 million people were employed in urban areas, while 270.1 million people were working in rural areas. Distribution of the workforce The share of the workforce employed in the primary sector declined significantly from 36.7 percent in 2010 to 22.8 percent in 2023, only interrupted in 2022 by effects related to the COVID-19 pandemic. While the percentage of people employed in the primary sector decreased, the tertiary sector gained importance. As of 2023, about 29.1 percent of Chinese workers were employed in secondary and 48.1 percent in tertiary industries. The share of the workforce employed in the secondary sector increased until 2012 but decreased thereafter due to China's shift towards a service driven economy.
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TwitterAccording 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.
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TwitterIn 2023, 43.51 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.
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China Number of Employee: Textile data was reported at 2,449.000 Person th in Oct 2025. This records a decrease from the previous number of 2,458.000 Person th for Sep 2025. China Number of Employee: Textile data is updated monthly, averaging 4,770.600 Person th from Dec 1998 (Median) to Oct 2025, with 253 observations. The data reached an all-time high of 6,520.600 Person th in Dec 2008 and a record low of 2,386.000 Person th in Feb 2024. China Number of Employee: Textile data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Labour Market – Table CN.GB: No of Employee: by Industry: Monthly.
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Industrial Production in China increased 4.90 percent in October of 2025 over the same month in the previous year. This dataset provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2023, the distribution of the gross domestic product (GDP) across economic sectors in different regions of China still revealed a heavy reliance on the primary and secondary sectors in most parts of the country. While the primary and secondary sectors accounted for only 0.2 and 14.9 percent, respectively, of the gross regional product of Beijing, they accounted for 11.1 and 47.5 percent, respectively, in Inner Mongolia.
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Along with the rapid development of the global digital economy, China is experiencing profound transformations in industrial digitization. These transformations may significantly affect the urban-rural income gap. Using panel data from 30 Chinese provinces from 2012 to 2022, this paper empirically examined the impact of industrial digitalization on the urban-rural income gap based on a fixed-effects model. The findings reveal that the development of industrial digitalization in China widens the urban-rural income gap. Mechanism analysis indicates that industrial digitalization increases software business revenue and employment in the information services sector, thereby expanding the urban-rural income gap; additionally, industrial digitalization widens the income gap between urban migrants and rural migrant populations, further increasing the overall urban-rural income disparity. Heterogeneity analysis demonstrates that in the eastern region, industrial digitalization significantly enlarges the urban-rural income gap, whereas its effects are not significant in the central and western regions. The conclusions of this study provide empirical support and policy insights for China in advancing industrial digitalization and promoting common prosperity.
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TwitterIn 2023, China's labor force amounted to approximately 772.2 million people. The labor force in China indicated a general decreasing trend in recent years. As both the size of the population in working age and the share of the population participating in the labor market are declining, this downward trend will most likely persist in the foreseeable future. A country’s labor force is defined as the total number of employable people and incorporates both the employed and the unemployed population. Population challenges for China One of the reasons for the shrinking labor force is the Chinese one-child policy, which had been in effect for nearly 40 years, until it was revoked in 2016. The controversial policy was intended to improve people’s living standards and optimize resource distribution through controlling the size of China’s expanding population. Nonetheless, the policy also led to negative impacts on the labor market, pension system and other societal aspects. Today, China is becoming an aging society. The increase of elderly people and the lack of young people will become a big challenge for China in this century. Employment in China Despite the slowing down of economic growth, China’s unemployment rate has sustained a relatively low rate. Complete production chains and a well-educated labor force make China’s labor market one of the most attractive in the world. Working conditions and salaries in China have also improved significantly over the past years. Due to China’s leading position in terms of talent in the technology industry, the country is now attracting investment from some of the world’s leading companies in the high-tech sector.
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TwitterIn 2019, about *** million employees were working in the manufacturing sector in the Shanghai municipality, while only about ***** thousand people worked in the culture, sports and entertainment sector. Almost triple as much people were employed in the sectors of the tertiary industry than in the sectors of the secondary industry. The average wages for employees in the different sectors varied considerably.
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TwitterIn 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.
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TwitterIn 2018, manufacturing labor costs in China were estimated to be **** U.S. dollars per hour. This is compared to an estimated **** U.S. dollars per hour in Mexico, and **** U.S. dollars in Vietnam. Manufacturing jobs in the United States Many people in the United States believe manufacturing jobs to be the backbone of the U.S. economy, despite employment in the manufacturing sector decreasing since 1997, and the monthly change in manufacturing employment being highly variable. Although manufacturing added a value of about ** percent to the U.S. gross domestic product (GDP) in 2018, employment in the United States has been moving away from manufacturing to other means of employment. A difference in earnings Part of this steering away from manufacturing could be due to a difference in labor costs. While hourly wages in Vietnam were less than * U.S. dollars in 2018, hourly wages in the U.S. manufacturing sector hovered around ** U.S. dollars in 2018. The labor costs in the U.S. could simply be too high for companies, who look to countries such as China, Mexico, and Vietnam for cheaper labor.
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TwitterIn 2023, financing and insurance contributed around **** percent to the gross domestic product (GDP) of Hong Kong, constituting the largest industry in the city. The total GDP of Hong Kong amounted to around *** billion U.S. dollars that year. Sectoral view on Hong Kong’s economy Hong Kong is an important financial hub in Asia and a bridgehead for trade with mainland China. The city has a strong service sector that contributes more than ** percent of its GDP. Trading and logistics, as well as financial and professional services are key industries in the city. Over the last decade, the importance of the financial sector has increased gradually, making Hong Kong to one of the leading financial centers in the world. At the same time, trading and logistics has slowly lost ground, although it is, together with professional services, important for employment in the city. Economic perspectives In recent times, Hong Kong has encountered growing competition from Chinese mainland cities. At the same time, its integration into the Guangdong-Hong Kong-Macao Greater Bay Area offers new opportunities for economic growth. While the trade sector is under pressure by competition from mainland ports, Hong Kong’s highly developed financial, insurance, and business services will most probably grow further in the future.
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TwitterEmployment in the Australian coal mining industry has fluctuated in recent times, standing at approximately 45.9 thousand as of June 2024. The mining industry has traditionally been a dominant contributor to the Australian economy. In recent times, however, coal mining has faced criticism from environmental groups due to combustion emissions. Australian coal market The gross value added by the coal mining industry amounted to almost 47 billion Australian dollars in 2020. Royalties and taxes collected by the Australian government from this industry currently make a significant contribution to the livelihood of Australians. Australia has become one of the largest producers as well as net exporters of coal in the world. While the production volume of coal is high, most of the coal produced in the country is exported. Its major export markets include Japan, China, South Korea, and India. Is the industry cooling? While coal is the primary fossil fuel used in energy generation in Australia, renewable energy sources are becoming more popular across the country. Public support for coal-fired power stations has been dwindling. Recently, an Australian judge has ruled against the establishment of a new coal mine due to its potential impact on the environment. Consumption of Australian coal has been declining over the past decade, as newer, cleaner forms of energy are becoming more readily available.
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TwitterContributing a staggering *** trillion U.S. dollars to China’s GDP in 2023, the travel and tourism industry proved to be a vital industry for the East Asian country’s economy. This pivotal industry provided huge GDP contributions to a number of countries across the Asia-Pacific region. Japan and India both saw impressive figures, while Southeast Asia alone has experienced constant GDP increases from the travel and tourism industry. Why Asia-Pacific The travel and tourism industry has made significant monetary additions to many developing economies throughout the Asia-Pacific region. Southeast Asia stands in the foreground as one of the regions which relies heavily on its tourism success. A success which could be inferred through the rising number of tourist arrivals to the ASEAN states. A likely reason why APAC has become one of the leading regions for tourism, could be related to its competitive prices. Many countries in the Asia-Pacific region are cheaper than the usual Western tourist hotspots, in this way, the region has begun to appeal to an increasing number of international travelers. Domestic tourism The Asia-Pacific region has not only attracted international tourists throughout recent years but has also received a great influx of domestic tourists. Growing economies in the region, resulting in an emerging middle class, have made the possibility of increased domestic travel a reality. Intra-regional tourism accounted for approximately half of APAC’s tourism.
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TwitterThe statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. 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. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.
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TwitterThe 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.