Stability of Chinese Economy in the Past: China's economy is huge and expanding rapidly. In the last 30 years the rate of Chinese economic growth has been incredicle, averaging 8% growth in Gross Domestic Product (GDP) per annum. The economy has grown more than 10 times during that period, with Chinese GDP reaching 3.42 trillion US dollars by 2007. In Purchasing Power Parity GDP, China already has the biggest economy after the United States. Most analysts project China to become the largest economy in the world this century using all measures of GDP.
GDP and GNP of China: GDP
GDP: US $4.32 trillion (nominal; 2008)
$7.8 trillion (Purchasing Power Parity)
GDP Growth: 9.1% (2008)
GDP per capita: $3,180 (nominal; 2008)
$6,100 (PPP)
Stability of Chinese Economy in the Past:
China's economy is huge and expanding rapidly. In the last 30 years the rate of Chinese economic growth has been incredicle, averaging 8% growth in Gross Domestic Product (GDP) per annum. The economy has grown more than 10 times during that period, with Chinese GDP reaching 3.42 trillion US dollars by 2007. In Purchasing Power Parity GDP, China already has the biggest economy after the United States. Most analysts project China to become the largest economy in the world this century using all measures of GDP.
GDP and GNP of China:
GDP
GDP: US $4.32 trillion (nominal; 2008)
$7.8 trillion (Purchasing Power Parity)
GDP Growth: 9.1% (2008)
GDP per capita: $3,180 (nominal; 2008)
$6,100 (PPP)
GNP
GNP per capita: $5,364
GNP growth: 34.7%
China's Economy is Based on:
China's Main Imports and Exports:
Imports
Exports
Main Trading Partners: