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

    • statista.com
    • ai-chatbox.pro
    Updated Apr 23, 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
    Apr 23, 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 3.95 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. T

    China GDP Growth Rate

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Apr 16, 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
    Apr 16, 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 - Mar 31, 2025
    Area covered
    China
    Description

    The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first 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.

  3. China's share of global gross domestic product (GDP) 1980-2030

    • statista.com
    • ai-chatbox.pro
    Updated Apr 24, 2025
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    Statista (2025). China's share of global gross domestic product (GDP) 1980-2030 [Dataset]. https://www.statista.com/statistics/270439/chinas-share-of-global-gross-domestic-product-gdp/
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    Dataset updated
    Apr 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    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 19.45 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.

  4. Population growth in China 2000-2024

    • statista.com
    • ai-chatbox.pro
    Updated Jan 17, 2025
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    Statista (2025). Population growth in China 2000-2024 [Dataset]. https://www.statista.com/statistics/270129/population-growth-in-china/
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    Dataset updated
    Jan 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    The graph shows the population growth in China from 2000 to 2024. In 2024, the Chinese population decreased by about 0.1 percent or 1.39 million to around 1.408 billion people. Declining population growth in China Due to strict birth control measures by the Chinese government as well as changing family and work situations of the Chinese people, population growth has subsided over the past decades. Although the gradual abolition of the one-child policy from 2014 on led to temporarily higher birth figures, growth rates further decreased in recent years. As of 2024, leading countries in population growth could almost exclusively be found on the African continent and the Arabian Peninsula. Nevertheless, as of mid 2024, Asia ranked first by a wide margin among the continents in terms of absolute population. Future development of Chinese population The Chinese population reached a maximum of 1,412.6 million people in 2021 but decreased by 850,000 in 2022 and another 2.08 million in 2023. Until 2022, China had still ranked the world’s most populous country, but it was overtaken by India in 2023. Apart from the population decrease, a clear growth trend in Chinese cities is visible. By 2024, around 67 percent of Chinese people lived in urban areas, compared to merely 36 percent in 2000.

  5. M

    China Population Growth Rate

    • macrotrends.net
    csv
    Updated May 31, 2025
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    MACROTRENDS (2025). China Population Growth Rate [Dataset]. https://www.macrotrends.net/global-metrics/countries/chn/china/population-growth-rate
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    csvAvailable download formats
    Dataset updated
    May 31, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

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

    Area covered
    China
    Description
    China population growth rate for 2023 was -0.10%, a 0.09% decline from 2022.
    <ul style='margin-top:20px;'>
    
    <li>China population growth rate for 2022 was <strong>-0.01%</strong>, a <strong>0.1% decline</strong> from 2021.</li>
    <li>China population growth rate for 2021 was <strong>0.09%</strong>, a <strong>0.15% decline</strong> from 2020.</li>
    <li>China population growth rate for 2020 was <strong>0.24%</strong>, a <strong>0.12% decline</strong> from 2019.</li>
    </ul>Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
    
  6. d

    Data from: DID FDI REALLY CAUSE CHINESE ECONOMIC GROWTH? A META-ANALYSIS

    • search.dataone.org
    • dataverse.harvard.edu
    Updated Nov 21, 2023
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    Jin, Yinghua; Gunby, Philip; Reed, W. Robert (2023). DID FDI REALLY CAUSE CHINESE ECONOMIC GROWTH? A META-ANALYSIS [Dataset]. http://doi.org/10.7910/DVN/Y09KOV
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    Dataset updated
    Nov 21, 2023
    Dataset provided by
    Harvard Dataverse
    Authors
    Jin, Yinghua; Gunby, Philip; Reed, W. Robert
    Description

    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.

  7. China's digital economy size 2005-2023

    • statista.com
    Updated Jun 30, 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
    Jun 30, 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.

  8. F

    Population Growth for China

    • fred.stlouisfed.org
    json
    Updated Jul 2, 2025
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    (2025). Population Growth for China [Dataset]. https://fred.stlouisfed.org/series/SPPOPGROWCHN
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    jsonAvailable download formats
    Dataset updated
    Jul 2, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    China
    Description

    Graph and download economic data for Population Growth for China (SPPOPGROWCHN) from 1961 to 2024 about China, population, and rate.

  9. China Population: Natural Growth Rate

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). China Population: Natural Growth Rate [Dataset]. https://www.ceicdata.com/en/china/population-natural-growth-rate-by-region/population-natural-growth-rate
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEIC Data
    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 Population: Natural Growth Rate data was reported at -0.060 % in 2022. This records a decrease from the previous number of 0.034 % for 2021. China Population: Natural Growth Rate data is updated yearly, averaging 1.203 % from Dec 1949 (Median) to 2022, with 74 observations. The data reached an all-time high of 3.333 % in 1963 and a record low of -0.457 % in 1960. China Population: Natural Growth Rate data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Socio-Demographic – Table CN.GA: Population: Natural Growth Rate: By Region.

  10. GDP growth rate of Shanghai, China 2000-2024

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). GDP growth rate of Shanghai, China 2000-2024 [Dataset]. https://www.statista.com/statistics/802367/china-gdp-year-on-year-change-of-shanghai/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    In 2024, the real gross domestic product (GDP) of Shanghai municipality in China increased by around *** percent from the previous year. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the Yangtze river. Development of GDP growth in Shanghai As a bridgehead to global markets and a forerunner in market opening, Shanghai experienced a decades long economic boom, which massively changed the shape of the city. Economic growth rates had double digits for more than two decades since 1992 and were well above the Chinese national average. This changed fundamentally with the global financial crisis. In 2008, the growth rate fell below ten percent and gradually declined thereafter. Growth rates now got closer to the national average of GDP growth. While the economic development in Shanghai has already reached a high level, other regions in China are catching up, and growth rates in many inland regions of China are now higher than in Shanghai. This is especially true on a city level, with many lower-tier cities experiencing higher growth rates than Shanghai. Sector distribution of GDP growth Upon closer examination of the distribution of GDP across economic sectors, it becomes obvious that the service sector of the economy exhibited the highest growth rates in most of the recent years. In 2024, services already accounted for more than ** percent of the value added to the GDP, which is far above the national average. In contrast, the industrial sector, which had once been of great importance to Shanghai's economy, is losing momentum and its share in total economic output is shrinking constantly. Financial intermediation and information industries were branches in the service sector that displayed the fastest growth rates in recent years.

  11. China CN: GDP: Growth: Volume: Total Domestic Expenditure

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). China CN: GDP: Growth: Volume: Total Domestic Expenditure [Dataset]. https://www.ceicdata.com/en/china/gdp-growth-and-contribution-to-growth-forecast-non-oecd-member-annual/cn-gdp-growth-volume-total-domestic-expenditure
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEIC Data
    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, 2015 - Dec 1, 2026
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    China GDP: Growth: Volume: Total Domestic Expenditure data was reported at 4.255 % in 2026. This records an increase from the previous number of 3.787 % for 2025. China GDP: Growth: Volume: Total Domestic Expenditure data is updated yearly, averaging 8.444 % from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 15.359 % in 1993 and a record low of 2.062 % in 2020. China GDP: Growth: Volume: Total Domestic Expenditure 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.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. TDDV_ANNPCT - Total domestic expenditure, volume, growth . Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

  12. T

    China - Household Final Consumption Expenditure (annual % Growth)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 27, 2013
    + more versions
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    TRADING ECONOMICS (2013). China - Household Final Consumption Expenditure (annual % Growth) [Dataset]. https://tradingeconomics.com/china/household-final-consumption-expenditure-annual-percent-growth-wb-data.html
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jul 27, 2013
    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 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Households and NPISHs Final consumption expenditure (annual % growth) in China was reported at 0.84303 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Household final consumption expenditure (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

  13. Estimated COVID-19 outbreak impact on GDP growth in China 2020, by scenario

    • statista.com
    Updated May 22, 2024
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    Statista (2024). Estimated COVID-19 outbreak impact on GDP growth in China 2020, by scenario [Dataset]. https://www.statista.com/statistics/1102671/china-estimated-coronavirus-covid-19-impact-on-gdp-growth-by-scenario/
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    Dataset updated
    May 22, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    As novel coronavirus COVID-19 spreads from China to over 90 countries across the world, global economy could suffer a slowdown with no growth in the worst scenario. According to the projection, China's GDP growth would drop to 3.5 percent when it turns into a global pandemic, which would be 2.4 percent point less than the baseline of no virus outbreak.

  14. Hong Kong SAR, China HK: GDP: Growth: Gross Capital Formation

    • ceicdata.com
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    CEICdata.com, Hong Kong SAR, China HK: GDP: Growth: Gross Capital Formation [Dataset]. https://www.ceicdata.com/en/hong-kong/gross-domestic-product-annual-growth-rate/hk-gdp-growth-gross-capital-formation
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    Dataset provided by
    CEIC Data
    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, 2005 - Dec 1, 2016
    Area covered
    Hong Kong
    Variables measured
    Gross Domestic Product
    Description

    Hong Kong HK: GDP: Growth: Gross Capital Formation data was reported at 5.709 % in 2017. This records an increase from the previous number of 4.830 % for 2016. Hong Kong HK: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.270 % from Dec 1974 (Median) to 2017, with 44 observations. The data reached an all-time high of 45.233 % in 1976 and a record low of -16.439 % in 1998. Hong Kong HK: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

  15. T

    China - Annual Percentage Growth Rate Of GDP At Market Prices Based On...

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, China - Annual Percentage Growth Rate Of GDP At Market Prices Based On Constant 2010 US Dollars. [Dataset]. https://tradingeconomics.com/china/annual-percentage-growth-rate-of-gdp-at-market-prices-based-on-constant-2010-us-dollars--wb-data.html
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    excel, csv, xml, jsonAvailable 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 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in China was reported at 3.9 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

  16. GDP growth of Ningxia, China 2000-2023

    • statista.com
    Updated Oct 15, 2024
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    Statista (2024). GDP growth of Ningxia, China 2000-2023 [Dataset]. https://www.statista.com/statistics/804180/china-gdp-annual-growth-of-ningxia-province/
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    Dataset updated
    Oct 15, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China
    Description

    This statistic depicts the year-on-year growth rate of the gross domestic product (GDP) of Ningxia Autonomous Region, China from 2000 to 2023. In 2023, Ningxia's GDP value grew by 6.6 percent from the previous year.

  17. GDP growth of major cities in China 2021

    • statista.com
    Updated Dec 10, 2024
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    Statista (2024). GDP growth of major cities in China 2021 [Dataset]. https://www.statista.com/statistics/1181526/china-gross-domestic-product-gdp-growth-rate-of-major-cities/
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    Dataset updated
    Dec 10, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    China
    Description

    In 2021, the highest gross domestic product (GDP) growth rate of major cities in China had been reached in Wuhan, ranging at around 12.2 percent per anno. This high figure was related to a rebound of Wuhan's economy stricken by COVID-19 in the previous year. GDP in Shenzhen grew by only 6.7 percent, less than the average of major Chinese cities that year.

  18. Hong Kong SAR, China - Economy and Growth

    • data.humdata.org
    csv
    Updated Jan 27, 2023
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    World Bank Group (2023). Hong Kong SAR, China - Economy and Growth [Dataset]. https://data.humdata.org/dataset/fb35ded6-14de-4fe0-be3f-51b52de8f7ab?force_layout=desktop
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    csv(970905), csv(4113)Available download formats
    Dataset updated
    Jan 27, 2023
    Dataset provided by
    World Bankhttp://worldbank.org/
    License

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

    Area covered
    Hong Kong, China
    Description

    Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

    Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

  19. T

    China - GNI Growth (annual %)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 20, 2013
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    TRADING ECONOMICS (2013). China - GNI Growth (annual %) [Dataset]. https://tradingeconomics.com/china/gni-growth-annual-percent-wb-data.html
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    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Jul 20, 2013
    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 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    GNI growth (annual %) in China was reported at 5.2709 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - GNI growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

  20. China Total Exports Growth

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China Total Exports Growth [Dataset]. https://www.ceicdata.com/en/indicator/china/total-exports-growth
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

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

    Time period covered
    Sep 1, 2020 - Oct 1, 2021
    Area covered
    China
    Variables measured
    Merchandise Trade
    Description

    Key information about China Total Exports

    • China Total Exports expanded 28.1 % YoY in Oct 2021, compared with an increase of 30.0 % YoY in the previous month
    • China Total Exports Growth data is updated monthly, available from May 2009 to Oct 2021, with an averaged rate of 7.7 %
    • The data reached an all-time high of 59.1 % in Feb 2010 and a record low of -24.4 % in Jun 2009




    Further information about China Total Exports

    • In the latest reports, China Total Exports recorded 335.6 USD bn in Dec 2024
    • Total Imports recorded 230.8 USD bn in Dec 2024, which registered an increase of 20.8 % year on year
    • China Trade Balance recorded a surplus of 104.8 USD bn in Dec 2024

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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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39 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Apr 23, 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 3.95 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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