100+ datasets found
  1. Gross domestic product (GDP) growth rate in China 2014-2030

    • statista.com
    • avatarcrewapp.com
    Updated Oct 16, 2025
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    Statista (2025). Gross domestic product (GDP) growth rate in China 2014-2030 [Dataset]. https://www.statista.com/statistics/263616/gross-domestic-product-gdp-growth-rate-in-china/
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    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    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.

  2. C

    China Economic growth, percent change in quarterly real GDP, September, 2025...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Sep 15, 2025
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    Globalen LLC (2025). China Economic growth, percent change in quarterly real GDP, September, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/China/gdp_growth/
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    csv, excel, xmlAvailable download formats
    Dataset updated
    Sep 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1993 - Sep 30, 2025
    Area covered
    China
    Description

    The latest data from show economic growth of 4.8 percent, which is a decrease from the rate of growth of 5.2 percent in the previous quarter and
    an increase compared to the growth rate of 4.6 percent in the same quarter last year. The economic growth time series for China cover the period from...

  3. T

    China GDP Growth Rate

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Oct 20, 2025
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    TRADING ECONOMICS (2025). China GDP Growth Rate [Dataset]. https://tradingeconomics.com/china/gdp-growth
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Oct 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 2010 - Sep 30, 2025
    Area covered
    China
    Description

    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.

  4. Estimated COVID-19 outbreak impact on economy in China 2020, by industry

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Estimated COVID-19 outbreak impact on economy in China 2020, by industry [Dataset]. https://www.statista.com/statistics/1103062/china-estimated-coronavirus-covid-19-impact-on-economic-growth-by-sector/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

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

  5. Gross domestic product (GDP) per capita in China 1985-2030

    • statista.com
    Updated Oct 16, 2025
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    Statista (2025). Gross domestic product (GDP) per capita in China 1985-2030 [Dataset]. https://www.statista.com/statistics/263775/gross-domestic-product-gdp-per-capita-in-china/
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    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    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.

  6. C

    China Economic freedom, overall index - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 17, 2015
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    Globalen LLC (2015). China Economic freedom, overall index - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/China/economic_freedom/
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    excel, csv, xmlAvailable download formats
    Dataset updated
    Jan 17, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Dec 31, 2025
    Area covered
    China
    Description

    China: Economic freedom, overall index (0-100): The latest value from 2025 is 49 index points, unchanged from 49 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for China from 1995 to 2025 is 53 index points. The minimum value, 48 index points, was reached in 2022 while the maximum of 60 index points was recorded in 2020.

  7. B

    Understanding the Creative Economy in China

    • borealisdata.ca
    • search.dataone.org
    Updated Oct 2, 2014
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    Borealis (2014). Understanding the Creative Economy in China [Dataset]. http://doi.org/10.5683/SP3/QDVGPF
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Oct 2, 2014
    Dataset provided by
    Borealis
    License

    https://borealisdata.ca/api/datasets/:persistentId/versions/7.0/customlicense?persistentId=doi:10.5683/SP3/QDVGPFhttps://borealisdata.ca/api/datasets/:persistentId/versions/7.0/customlicense?persistentId=doi:10.5683/SP3/QDVGPF

    Area covered
    China
    Description

    This work critically examines the emergence of a post-industrial economy in China as it continues to transform into a 21st century global leader. On August 15th, 2010, the Financial Times published an article stating that recently released figures from the International Monetary Fund show that China had surpassed Japan as the second-largest economy in the world and predicted that China will maintain its lead going forward . This is an astonishing feat for an emerging economy, as Japan had previously held the second-place position for over four decades. In recent years, China has outperformed other large emerging economies such as Brazil, Russia and India. As a result, it is important to examine China more closely and understand what is occurring within the country as it continues to grow and develop as a global leader. In the contemporary global environment, lasting economic advantage comes from attracting and retaining a talented and creative workforce. As China begins to transition from an industrial economy to a post-industrial economy, several factors including a more educated workforce, the development of domestic intellectual property and openness to a more diverse range of ideas and people are becoming more important. Against this backdrop, this report explores the emergence of a creative, service-driven, post-industrial economy in China by employing two methods of analysis developed by Richard Florida (2002). The first part of the analysis examines the changing occupational structure of China’s workforce. To execute this part of the analysis, we divide China’s workforce into the four occupational categories defined by Florida (2002): creative class, service class, working class and fishing, farming and forestry class. The second part of the analysis employs what are known as the “3Ts of economic development” to rank China’s regions according to their strengths in supporting a creative economy. The 3Ts of regional economic development include technology (high-tech employment and innovation), talent (education and skills), and tolerance (diversity and openness). The report explores China’s provincial-level regions and three of its four Municipalities, with a special interest in the dynamics and geography of the creative economy.

  8. GDP share of digital economy in China 2015-2023

    • statista.com
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    Statista, GDP share of digital economy in China 2015-2023 [Dataset]. https://www.statista.com/statistics/1250092/china-digital-economy-gdp-share/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    More and more companies in China have opted in digitalization solutions for business operations. With a nominal year-on-year growth of *** percent in its size in 2023, China's digital economy contributed about **** percent of China's GDP that year. This underscored the industry's role in the country's economic growth.

  9. T

    China Balance of Trade

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 24, 2025
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    TRADING ECONOMICS (2025). China Balance of Trade [Dataset]. https://tradingeconomics.com/china/balance-of-trade
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1981 - Oct 31, 2025
    Area covered
    China
    Description

    China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. China Agricultural and Economic Data

    • catalog.data.gov
    • datasets.ai
    • +2more
    Updated Apr 21, 2025
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    Economic Research Service, Department of Agriculture (2025). China Agricultural and Economic Data [Dataset]. https://catalog.data.gov/dataset/china-agricultural-and-economic-data
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    Dataset updated
    Apr 21, 2025
    Dataset provided by
    Economic Research Servicehttp://www.ers.usda.gov/
    Area covered
    China
    Description

    Note: Updates to this data product are discontinued. The China agricultural and economic database is a collection of agricultural-related data from official statistical publications of the People's Republic of China. Analysts and policy professionals around the world need information about the rapidly changing Chinese economy, but statistics are often published only in China and sometimes only in Chinese-language publications. This product assembles a wide variety of data items covering agricultural production, inputs, prices, food consumption, output of industrial products relevant to the agricultural sector, and macroeconomic data.

  11. C

    China GDP

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China GDP [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-quarterly/gdp
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    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.

  12. C

    China Economic growth, quarterly, September, 2025 - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Sep 15, 2025
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    Globalen LLC (2025). China Economic growth, quarterly, September, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/China/economic_growth_q_on_q/
    Explore at:
    excel, xml, csvAvailable download formats
    Dataset updated
    Sep 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 2011 - Sep 30, 2025
    Area covered
    China
    Description

    Economic growth, quarterly in China, September, 2025 The most recent value is 1.1 percent as of Q3 2025, an increase compared to the previous value of 1 percent. Historically, the average for China from Q1 2011 to Q3 2025 is 1.55 percent. The minimum of -10.5 percent was recorded in Q1 2020, while the maximum of 12.8 percent was reached in Q2 2020. | TheGlobalEconomy.com

  13. C

    China Gross National Product (GNP)

    • ceicdata.com
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    CEICdata.com, China Gross National Product (GNP) [Dataset]. https://www.ceicdata.com/en/indicator/china/gross-national-product
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    China
    Description

    Key information about China Gross National Product (GNP)

    • China Gross National Product (GNP) was reported at 18,619.311 USD bn in Dec 2024.
    • This records an increase from the previous number of 18,147.293 USD bn for Dec 2023.
    • China Gross National Product (GNP) data is updated yearly, averaging 395.371 USD bn from Dec 1957 to 2024, with 68 observations.
    • The data reached an all-time high of 18,619.311 USD bn in 2024 and a record low of 43.606 USD bn in 1957.


    Related information about China Gross National Product (GNP) data

    • China Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
    • CEIC converts annual Gross National Product into USD. The National Bureau of Statistics provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

  14. C

    China CN: % of Value Added of Core Industries of Digital Economy:...

    • ceicdata.com
    Updated Dec 15, 2024
    + more versions
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    CEICdata.com (2024). China CN: % of Value Added of Core Industries of Digital Economy: Application of Digital Technology [Dataset]. https://www.ceicdata.com/en/china/value-added-of-core-industries-of-digital-economy/cn--of-value-added-of-core-industries-of-digital-economy-application-of-digital-technology
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2023
    Area covered
    China
    Description

    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.

  15. Complexity theory for the modern Chinese economy from an information entropy...

    • plos.figshare.com
    pdf
    Updated Jun 2, 2023
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    Jun Yan; Lianyong Feng; Artem Denisov; Alina Steblyanskaya; Jan-Pieter Oosterom (2023). Complexity theory for the modern Chinese economy from an information entropy perspective: Modeling of economic efficiency and growth potential [Dataset]. http://doi.org/10.1371/journal.pone.0227206
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    pdfAvailable download formats
    Dataset updated
    Jun 2, 2023
    Dataset provided by
    PLOShttp://plos.org/
    Authors
    Jun Yan; Lianyong Feng; Artem Denisov; Alina Steblyanskaya; Jan-Pieter Oosterom
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Complexity modelling of economic efficiency and growth potential is increasingly essential for countries and provinces. Evaluating the monetary flows, kinetic energy (efficiency) and potential capacity (resilience) provides crucial information for economic development. In the paper, the authors analyze growth opportunities for the Chinese economy from a system science point of view, using the perspective of information entropy, based on the input-output tables. Over the past four decades of reform and opening-up, China has made remarkable progress in its economic development. In 2007, China’s GDP was at its fastest pace in history at 14.2% growth. However, after the financial crisis in 2008, the global economy experienced a downward trend and China's economic development also settled on a medium-low level of development. The traditional perspective is to rank regional development only based on GDP growth, whereas here, the authors advocate another evaluation method based on efficiency and potential growth. Unbalanced regional economic development has become problematic and has become a barrier for sustainability of China’s economy. The results of the research indicate firstly that China’s regional development in 2007 and 2012 has been unequal between the provinces. Secondly, the authors found that Shandong province had significantly higher indicators for efficiency and potential growth than others in the same circumstances. Authors observe that provinces tend to carry out industrial policies and adjust the structure of industry on a local level. This analysis demonstrates that the spatial imbalance of efficiency and potential of economic development under the perspective of provincial-level regions. From the perspective of industry, it indicates that the supply chain is too short, mainly focusing on the mining and processing of resources and minerals in the original upstream industry chain, while the downstream is not fully utilized. These represent some unique insights yielded through this type of analysis that authors advocate applying more broadly.

  16. T

    China GDP From Industry

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 13, 2024
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    TRADING ECONOMICS (2024). China GDP From Industry [Dataset]. https://tradingeconomics.com/china/gdp-from-manufacturing
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    json, csv, excel, xmlAvailable download formats
    Dataset updated
    Mar 13, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1992 - Sep 30, 2025
    Area covered
    China
    Description

    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.

  17. T

    China Loans To Banks

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 15, 2025
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    TRADING ECONOMICS (2025). China Loans To Banks [Dataset]. https://tradingeconomics.com/china/loans-to-banks
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    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Nov 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2010 - Oct 31, 2025
    Area covered
    China
    Description

    Loans To Banks in China increased to 2680907.04 CNY Hundred Million in October from 2680129.24 CNY Hundred Million in September of 2025. This dataset provides - China Loans To Banks- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  18. C

    China CN: Financial Account: Foreign Direct Investment: Net Inflows: in...

    • ceicdata.com
    Updated Oct 15, 2015
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    CEICdata.com (2015). China CN: Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy [Dataset]. https://www.ceicdata.com/en/china/balance-of-payments-capital-and-financial-account-annual/cn-financial-account-foreign-direct-investment-net-inflows-in-reporting-economy
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    Dataset updated
    Oct 15, 2015
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    China
    Description

    China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy data was reported at 159.696 USD bn in 2022. This records a decrease from the previous number of 300.625 USD bn for 2021. China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy data is updated yearly, averaging 46.830 USD bn from Dec 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 300.625 USD bn in 2021 and a record low of 430.000 USD mn in 1982. China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.IDS: Balance of Payments: Capital and Financial Account: Annual. Foreign direct investment (net) shows the net change in foreign investment in the reporting country. Foreign direct investment is defined as investment that is made to acquire a lasting management interest (usually of 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined according to residency), the investor's purpose being an effective voice in the management of the enterprise. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars.

  19. T

    China NBS General PMI

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, China NBS General PMI [Dataset]. https://tradingeconomics.com/china/economic-activity-index
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    excel, json, xml, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2017 - Oct 31, 2021
    Area covered
    China
    Description

    Economic Activity Index in China decreased to 50.80 points in October from 51.70 points in September of 2021. This dataset provides - China Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  20. China's digital economy size 2005-2023

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). China's digital economy size 2005-2023 [Dataset]. https://www.statista.com/statistics/1250080/china-digital-economy-size/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    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.

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Statista (2025). Gross domestic product (GDP) growth rate in China 2014-2030 [Dataset]. https://www.statista.com/statistics/263616/gross-domestic-product-gdp-growth-rate-in-china/
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Gross domestic product (GDP) growth rate in China 2014-2030

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31 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Oct 16, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
China
Description

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.

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