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.

In 2023, about **** billion U.S. dollars of foreign direct investments (FDI) have been invested into the manufacturing sector in China. Total FDI inflows to China amounted to around *** billion U.S. dollars that year. Sectoral FDI distribution Foreign investment in China has been traditionally strong in the manufacturing sector. However, with the focus of Chinese economic development shifting from production to technology, services, and consumption, the landscape is changing rapidly. The manufacturing sector’s contribution to total FDI inflows has gradually declined from nearly ** percent in 2005 to less than ** percent in 2021, while the service sector accounted for more than ** percent in that year. In particular, research and technology, IT, and leasing and business services, are quickly gaining importance adding to the diversification of investments into China. Investment restrictions in China In international comparison, the level of investment openness in China is still low. Sectors with long standing restrictions are media and telecommunications, as well as industries of national interest. In recent years, China has made new efforts to improve the investment environment and issued a new foreign investment law in 2019, further protecting the interests of foreign companies in the country. Given China’s ongoing, comparatively low FDI intensity, the country has the potential to attract much more foreign investment than it currently does. However, current geopolitical tensions and doubts about China’s determination to further open the market, raise questions about future development in this area.

In 2023, the service sector of the city of Wuhan in China accounted for approximately **** percent of the gross domestic product (GDP) of that city. Wuhan is the provincial capital of Hubei province in Central China.

China BERD: % of Value Added data was reported at 2.295 % in 2021. This records an increase from the previous number of 2.281 % for 2020. China BERD: % of Value Added data is updated yearly, averaging 1.125 % from Dec 1991 (Median) to 2021, with 31 observations. The data reached an all-time high of 2.295 % in 2021 and a record low of 0.268 % in 1996. China BERD: % of Value Added data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Business Enterprise Investment on Research and Development: Non OECD Member: Annual.

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

GDP from Manufacturing in China decreased to 98344.50 CNY Hundred Million in the first quarter of 2025 from 405442.10 CNY Hundred Million in the fourth quarter of 2024. This dataset provides - China Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industry (including construction), value added (% of GDP) in China was reported at 36.48 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

China GDP: SI: Industry: Mining data was reported at 3,456.614 RMB bn in 2021. This records an increase from the previous number of 2,201.154 RMB bn for 2020. China GDP: SI: Industry: Mining data is updated yearly, averaging 2,112.619 RMB bn from Dec 2004 (Median) to 2021, with 18 observations. The data reached an all-time high of 3,456.614 RMB bn in 2021 and a record low of 762.826 RMB bn in 2004. China GDP: SI: Industry: Mining 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.AA: Gross Domestic Product.

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 5.8 percentage points form the baseline of no virus outbreak. Transportation, trade and communication services were other hard-hit industries.

China GDP: SI: Industry: Manufacturing data was reported at 8,211.440 RMB bn in Mar 2025. This records a decrease from the previous number of 8,982.494 RMB bn for Dec 2024. China GDP: SI: Industry: Manufacturing data is updated quarterly, averaging 6,795.470 RMB bn from Mar 2015 (Median) to Mar 2025, with 41 observations. The data reached an all-time high of 8,982.494 RMB bn in Dec 2024 and a record low of 4,506.660 RMB bn in Mar 2015. China GDP: SI: Industry: Manufacturing 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.

The statistic shows the distribution of the workforce across economic sectors in China from 2013 to 2023. In 2023, around 22.8 percent of the workforce were employed in the agricultural sector, 29.1 percent in the industrial sector and 48.1 percent in the service sector. This year, the share of agriculture 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 2021 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.

In 2024, the IT sector in Beijing municipality in China contributed about 22.2 percent to the city's total GDP. Other important economic sectors in Beijing were financial intermediation and scientific research. Over recent years, the growth of value added by the IT industry in Beijing has displayed the highest growth rates of economic sectors in the city.

Loans to Private Sector in China increased to 839997.99 CNY Hundred Million in June from 834021.23 CNY Hundred Million in May of 2025. This dataset provides - China Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for Total Credit to Non-Financial Sector, Adjusted for Breaks, for China (QCNCAMUSDA) from Q4 1995 to Q4 2024 about adjusted, credits, nonfinancial, China, and sector.

Employment in industry (% of total employment) (modeled ILO estimate) in China was reported at 31.84 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

How does trade openness affect individuals' social policy preferences in emerging markets? Drawing upon the theories of economic openness, risk, and social policy preference, we examine how trade openness and job sectors jointly shape preferences on social protection in China, the largest emerging market. Using the World Value Survey (WVS) Wave VI and archival macroeconomic indicators in 2012, we find that trade openness is associated with higher demands for government responsibility in social protection. We also find, compared with public-sector employees, private-sector employees exhibit lower levels of support to the role of government in social protection. The public-private divide in policy preferences, nevertheless, diminishes in regions with high levels of trade openness. This research provides new evidence to the risk-model of social policy preferences in the Chinese context. It also highlights the importance of considering the significant differences between public and private sector employees in their social policy preferences.

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.

The Report Covers China Animation, VFX, and Post-Production Companies, and the Market is Segmented by Animation Platform (Television and OTT, Films, Advertisements, Gaming, and Other Animation Platforms). The Report Offers Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments

In 2024, the service sector of Zhejiang province in China accounted for approximately **** percent of the total gross domestic product (GDP) of that province. Zhejiang is an economically prosperous coastal province in Eastern China.

China: Domestic credit to the private sector, percent of GDP: The latest value from 2020 is 182.87 percent, an increase from 165.39 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for China from 1977 to 2020 is 102.15 percent. The minimum value, 49.74 percent, was reached in 1979 while the maximum of 182.87 percent was recorded in 2020.