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.

Graph and download economic data for Balance of Payments: Total Net Current Account for China, P.R.: Mainland (CHNBCAGDPBP6PT) from 1997 to 2029 about current account, BOP, China, and Net.

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.

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.

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.

An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. The openness in international trade reached a score of *** on a scale from zero (low openness) to ten (high openness), less than the open economy average of ***. Other investigated measures include: financial system development, the level of allowed and supported market competition, the development of a modern innovation system, direct investment openness, and portfolio investment openness.

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.

China Other Food: Current Asset data was reported at 188.753 RMB bn in Oct 2015. This records an increase from the previous number of 186.320 RMB bn for Sep 2015. China Other Food: Current Asset data is updated monthly, averaging 100.521 RMB bn from Dec 1998 (Median) to Oct 2015, with 102 observations. The data reached an all-time high of 188.753 RMB bn in Oct 2015 and a record low of 16.850 RMB bn in Dec 1999. China Other Food: Current Asset 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.BHB: Food: Other Food.

This study performs a meta-analysis of research that estimates the relationship between FDI and Chinese economic growth. Our sample includes 37 studies and a total of 280 estimates. We include both English- and Chinese-language studies. Our initial “raw” finding is that FDI has had a substantial, positive impact on Chinese economic growth. Furthermore, our results suggest that the effect is not inflated by endogeneity, nor impacted by publication bias. However, the positive effect is found to be smaller for more recent and better designed studies. When we adjust for preferred study and sample characteristics, we find that the estimated economic effect of FDI on Chinese economic growth is much smaller than indicated by the overall literature, and statistically insignificant. This suggests that the cause(s) of the Chinese “economic miracle” likely lie elsewhere.

China WE: State Control: Current Assets data was reported at 6,759.540 RMB bn in 2018. This records an increase from the previous number of 5,989.838 RMB bn for 2017. China WE: State Control: Current Assets data is updated yearly, averaging 2,364.989 RMB bn from Dec 1999 (Median) to 2018, with 18 observations. The data reached an all-time high of 6,759.540 RMB bn in 2018 and a record low of 817.292 RMB bn in 2001. China WE: State Control: Current Assets data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJB: Wholesale Enterprise: Financial Data: State Control.

An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. An evaluation of the openness and modernity of China's innovation system resulted in a score of *** on a scale from zero (low innovation) to *** (high innovation), less than the open economy average of ***. Other investigated measures include: financial system development, the level of allowed and supported market competition, trade openness, direct investment openness, and portfolio investment openness.

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

China Industrial Enterprise: Current Asset data was reported at 92,037.690 RMB bn in Mar 2025. This records an increase from the previous number of 90,242.820 RMB bn for Feb 2025. China Industrial Enterprise: Current Asset data is updated monthly, averaging 36,986.233 RMB bn from Dec 1998 (Median) to Mar 2025, with 290 observations. The data reached an all-time high of 92,515.880 RMB bn in Nov 2024 and a record low of 4,374.037 RMB bn in Mar 1999. China Industrial Enterprise: Current Asset data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OE: Industrial Enterprise.

In October 2025, the Purchasing Leader Index (PLI) in China resided at about ** percent. An indicator of the economic health of the manufacturing sector, the PLI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PLI as a major economic indicator The Purchasing Leader Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PLI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PLI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PLI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PLI indicated an even better improvement from low values in April and March. Recent PLI development in China As is shown in the graph at hand, the PLI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PLI in China displayed a similar development.

China's main stock market index, the SHANGHAI, fell to 3898 points on December 2, 2025, losing 0.42% from the previous session. Over the past month, the index has declined 1.98%, though it remains 15.36% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on December of 2025.

China % of Value Added of Core Industries of Digital Economy: Application of Digital Technology data was reported at 43.600 % in 2023. China % of Value Added of Core Industries of Digital Economy: Application of Digital Technology data is updated yearly, averaging 43.600 % from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 43.600 % in 2023 and a record low of 43.600 % in 2023. China % of Value Added of Core Industries of Digital Economy: Application of Digital Technology 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.AVA: Value Added of Core Industries of Digital Economy.

China Flow of Funds: Government: Source: Current Transfer: Other data was reported at 328.295 RMB bn in 2016. This records a decrease from the previous number of 333.909 RMB bn for 2015. China Flow of Funds: Government: Source: Current Transfer: Other data is updated yearly, averaging 64.189 RMB bn from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 333.909 RMB bn in 2015 and a record low of 8.122 RMB bn in 1999. China Flow of Funds: Government: Source: Current Transfer: Other 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.AD: Flow of Funds Accounts: Physical Transaction: Government.

Key information about Hong Kong SAR (China) Current Account Balance: % of GDP

• Hong Kong SAR (China) Current Account surplus accounted for 12.2 % of the country's Nominal GDP in Jun 2025, compared with a 15.9 % surplus in the previous quarter.
• Hong Kong SAR (China) Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1999 to Jun 2025, with an average value of 0.6 %.
• The data reached an all-time high of 20.8 % in Dec 2008 and a record low of -5.5 % in Jun 2014.

• In the latest reports of Hong Kong SAR (China), Current Account recorded a surplus of 12.3 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 36.0 USD bn in Jun 2025.
• Hong Kong SAR (China) Direct Investment Abroad expanded by 25.0 USD bn in Jun 2025.
• Its Foreign Portfolio Investment increased by 8.5 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 109.2 USD bn in Sep 2025.

China IE: Current Asset: Food Manufacturing data was reported at 1,317.720 RMB bn in Mar 2025. This records a decrease from the previous number of 1,332.090 RMB bn for Feb 2025. China IE: Current Asset: Food Manufacturing data is updated monthly, averaging 506.548 RMB bn from Dec 1998 (Median) to Mar 2025, with 290 observations. The data reached an all-time high of 1,332.090 RMB bn in Feb 2025 and a record low of 63.207 RMB bn in Mar 1999. China IE: Current Asset: Food Manufacturing 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.BHB: Food.

China Other Paper Product: Current Asset data was reported at 82.908 RMB bn in Oct 2015. This records a decrease from the previous number of 82.929 RMB bn for Sep 2015. China Other Paper Product: Current Asset data is updated monthly, averaging 48.898 RMB bn from Dec 2003 (Median) to Oct 2015, with 97 observations. The data reached an all-time high of 84.656 RMB bn in Aug 2015 and a record low of 11.863 RMB bn in Dec 2003. China Other Paper Product: Current Asset 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.BHJ: Paper Product: Other Paper Product.