China's main stock market index, the SHANGHAI, rose to 3448 points on July 1, 2025, gaining 0.11% from the previous session. Over the past month, the index has climbed 2.57% and is up 15.06% compared to the same time last year, 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 July of 2025.

Key information about China Market Capitalization

• China Market Capitalization accounted for 11,870.548 USD bn in Feb 2025, compared with a percentage of 11,513.605 USD bn in the previous month
• China Market Capitalization is updated monthly, available from Jul 1995 to Feb 2025
• The data reached an all-time high of 14,375.423 USD bn in Dec 2021 and a record low of 40.601 USD bn in Jan 1996

CEIC calculates monthly Market Capitalization as the sum of Market Capitalization of Shanghai Stock Exchange and Market Capitalization of Shenzhen Stock Exchange and converts it into USD. Shanghai Stock Exchange and Shenzhen Stock Exchange provides Market Capitalization in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

The Beijing Stock Exchange was the latest addition to mainland China's financial industry. In January 2025, the market capitalization reached more than 546 billion yuan. The new stock exchange was created by reforming the National Equities Exchange and Quotations (NEEQ) with the intention to provide SMEs who are excluded from the large exchange with a way to obtain capital.

Market capitalization of listed domestic companies (current US$) in China was reported at 11469346090000 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Market capitalization of listed companies - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Key information about China Market Capitalization: % of GDP

• China Market Capitalization accounted for 63.4 % of its Nominal GDP in Dec 2024, compared with a percentage of 59.7 % in the previous year
• China Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1995 to Dec 2024
• The data reached an all-time high of 119.3 % in Dec 2007 and a record low of 5.6 % in Dec 1995

CEIC calculates annual Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Market Capitalization is calculated as the sum of Market Capitalization of Shanghai Stock Exchange and Market Capitalization of Shenzhen Stock Exchange. Shanghai Stock Exchange and Shenzhen Stock Exchange provides Market Capitalization in local currency. The National Bureau of Statistics provides Nominal GDP in local currency.


Further information about China Market Capitalization: % of GDP

• In the latest reports, Shanghai Stock Exchange recorded a daily P/E ratio of 13.8 in Jan 2025
• Shanghai Shenzhen 300 closed at 3,934.9 points in Dec 2024

Market Size statistics on the Market Research industry in China

The IT Services industry in China has performed well over the past five years, due to the application of new technologies, like cloud computing, big data, AI and the Internet of Things. The growth in IT investment and of China's information sector has boosted industry demand. Industry revenue is expected to grow at an annualized 8.2% over the five years through 2025, to total $448.2 billion. This trend includes anticipated growth of 3.0% in the current year.Industry revenue increased slower in 2022, mainly because the aggravated COVID-19 epidemic in the year has led to delays in project delivery. Reduced budget from government customers also resulted in weaker industry demand, due to the large expenditures on the protection and control measures.Although the IT services industry in China is still relatively new, it has been expanding quickly. The Chinses Government attaches great importance on the development of information sector, which stimulated the demand for IT services. Strong government supports on digital economy and the construction of digital China have created a favorable condition for the development of the industry and will increase the demand for IT services.The industry's outsourcing and offshoring service segment experienced the stable growth over the past five years, boosted by government support. Industry exports will increase at an average rate of 4.5% in the five years to 2025. Exports as a share of industry revenue is expected to total 4.1% in 2025.Industry revenue is forecast to grow at an annualized 4.0% over the five years through 2030, to total $546.5 billion. The recovery of Chinese economy, the improvement of IT equipment and software technologies and the accelerated digital transformation in both government and private sectors are anticipated to remain the most important drivers for the industry's development. New technologies, like cloud computing, big data, AI and the Internet of Things, will also continue to motivate industry development.The industry is highly fragmented and has a low concentration level. The top four participants will jointly account for 2.1% of industry revenue in 2025. Industry concentration level is forecast to increase over the next five years, as large IT services firms acquire smaller local providers to gain market share in the growing small- and medium-sized business market segment.

China Market Cap: Shanghai SE: Real Estate data was reported at 610,069.000 RMB mn in Mar 2025. This stayed constant from the previous number of 610,069.000 RMB mn for Feb 2025. China Market Cap: Shanghai SE: Real Estate data is updated monthly, averaging 498,891.000 RMB mn from Apr 2001 (Median) to Mar 2025, with 287 observations. The data reached an all-time high of 1,535,433.000 RMB mn in Dec 2015 and a record low of 43,491.060 RMB mn in Jul 2005. China Market Cap: Shanghai SE: Real Estate data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

In 2023, the live streaming e-commerce market in China reached nearly five trillion yuan, showing a remarkable increase from 420 billion yuan in 2019 and forecast to surge to 8.16 trillion yuan by 2026.

Live commerce in China 

In 2022, the largest Chinese online marketplace Taobao was estimated to have a 770-billion-yuan revenue from its live-streaming commerce business. While most of the western internet users still associated live streaming with gaming and entertainment, it had become a vastly used shopping channel among Chinese online shoppers. The number of live streaming watchers in China hit 765 million in June 2023, and shopping-related content listed as the most popular type among live streaming watchers. Live streaming commerce was not only a rivalry between online retail giants. The short-video sharing unicorns, Douyin (known as Tik Tok globally) and Kuaishou, were also popular in the market.

Bridging entertainment and online shopping, live streaming has the huge potential to change the status quo and become the new norm for e-commerce in China.

The market capitalization of listed domestic companies in China decreased to 11.5 trillion U.S. dollars compared to the previous year. Nevertheless, the last two years recorded a significantly higher market capitalization than the preceding years.Market capitalization, or market cap, refers to the total value of all a company's shares of stock. Based on market cap, companies may be categorized as large-, mid-, or small-cap.Find more statistics on other topics about China with key insights such as deposit interest rate.

Market capitalization of listed domestic companies (% of GDP) in China was reported at 64.14 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Market capitalization of listed companies (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The Software Development industry has grown strongly over the past five years. Industry revenue is expected to increase at an annualized 8.5% over the five years through 2025, to $675.2 billion. This trend includes anticipated revenue growth of 6.5% in the current year. Strong demand from downstream software users and the government, along with solid pricing, have supported the industry's performance over the past five years.The industry's development has also been supported and encouraged by the Chinese Government, with the government instituting several policies to support the industry. The government's 14th Five-Year Plan (2021 to 2025) listed software development as a key component, with the government encouraging innovative, technology-based reforms. This plan had supported the software industry's continued growth.Profit is expected to account for 12.5% of industry revenue in 2025. Industry profit has decreased in recent years due to the intensified market competition, technological progress and standardization, changes in customer demand, rising labor costs, the popularity of open source and free software, accelerated technological iteration, etc.China's software exports have been volatile, mainly due to changes in the international environment and the impact of adjustments in the overseas market focus of Chinese software companies. In the past five years to 2025, industry exports are expected to decrease at an average rate of 1.4%, to $71.5 billion, and representing 7.7% of industry revenue in 2025.Government assistance and improving technology are forecast to support the industry's continued strong development over the next five years. In addition, domestic software will further accelerate the replacement of foreign software with the improving technological capabilities of domestic software developers. Industry revenue is projected to increase at an annualized 6.5% over the five years through 2030, to $926.2 billion.

As of 2024, Vivo accounted for the highest market share of the Chinese smartphone market at **** percent. In that year, After a three-year absence, Huawei has returned to the top-tier smartphone market after the release of several popular models. The rise of HuaweiBack in 2014, the smartphone market in China was decentralized, with various domestic brands and major international brands like Samsung and Apple all accounting for only around one tenth of the market. During the last few years, the market became more concentrated with three domestic brands, namely Huawei, Vivo, and Oppo. The latter two belong to the same consumer electronic technology company BKK, while Huawei claimed to be a privately owned independent corporation. The three brands have dominated the Chinese smartphone market with a total market share of over ** percent since 2018. Among the three, Huawei made a huge jump in market share from 2017 to 2019, almost doubling its market share from ** percent to ** percent. However, over the course of the trade disputes between China and the United States, the company was affected by sanctions which impacted its smartphone division. Chinese smartphone market  As the largest smartphone market in the world, the volume of smartphone shipments in China has been steadily increasing since 2011, with shipments once peaking over *** million units in 2016. However, the figure started dropping in 2017 and even fell below *** million units in 2018, parallel to the economic downturn worldwide and demonstrating the slowing down of the Chinese economic growth. Prior to the coronavirus outbreak in the beginning of 2020, the smartphone shipment in China was estimated to have dipped in the first two quarters but would begin to recover again in the rest of the year.

Stock market total value traded to GDP (%) in China was reported at 215 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Stock market total value traded to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Stock market capitalization to GDP (%) in China was reported at 83.16 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Stock market capitalization to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Hong Kong SAR (China) Market Capitalization: % of GDP

• Hong Kong SAR (China) Market Capitalization accounted for 1,110.0 % of its Nominal GDP in Dec 2024, compared with a percentage of 1,038.5 % in the previous year
• Hong Kong SAR (China) Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1985 to Dec 2024
• The data reached an all-time high of 1,771.1 % in Dec 2020 and a record low of 96.9 % in Dec 1985

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Hong Kong Exchange provides Market Capitalization in local currency. Census and Statistic Department provides Nominal GDP in local currency.


Further information about Hong Kong SAR (China) Market Capitalization: % of GDP

• In the latest reports, Hang Seng recorded a daily P/E ratio of 13.3 in Feb 2025
• Hang Seng closed at 20,225.1 points in Jan 2025

CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data was reported at 198,432.000 RMB mn in Mar 2025. This stayed constant from the previous number of 198,432.000 RMB mn for Feb 2025. CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data is updated monthly, averaging 76,551.000 RMB mn from Jan 2013 (Median) to Mar 2025, with 147 observations. The data reached an all-time high of 198,432.000 RMB mn in Mar 2025 and a record low of 24,256.000 RMB mn in Jul 2013. CN: Market Cap: Shanghai SE: Tradable: Environmental Protection data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

In 2023, Meituan's q-commerce service dominated China's quick commerce market with about ** percent share. The three largest market players accounted for over two-thirds of the Chinese quick commerce market in that year.

China Market Capitalization: Shanghai SE: Total data was reported at 157,001,143.000 RMB mn in Apr 2025. This records an increase from the previous number of 156,424,904.000 RMB mn for Mar 2025. China Market Capitalization: Shanghai SE: Total data is updated monthly, averaging 43,064,897.500 RMB mn from Jan 2006 (Median) to Apr 2025, with 232 observations. The data reached an all-time high of 157,001,143.000 RMB mn in Apr 2025 and a record low of 4,004,195.850 RMB mn in Jan 2006. China Market Capitalization: Shanghai SE: Total data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization.

China Market Capitalization: Shanghai SE: Stock data was reported at 53,521.484 RMB bn in 14 May 2025. This records an increase from the previous number of 53,067.559 RMB bn for 13 May 2025. China Market Capitalization: Shanghai SE: Stock data is updated daily, averaging 30,861.314 RMB bn from Sep 2009 (Median) to 14 May 2025, with 3796 observations. The data reached an all-time high of 54,363.230 RMB bn in 08 Oct 2024 and a record low of 13,681.393 RMB bn in 03 Dec 2012. China Market Capitalization: Shanghai SE: Stock data remains active status in CEIC and is reported by Shanghai Stock Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: Market Capitalization: Daily.