For years, GDP growth targets have been the be-all and end-all of China’s economy. “China Reports Economic Growth Below Expectations – Its Worst Pace Since the Financial Crisis,” Accessed Dec. 10, 2019.
CNBC. The World Factbook. " The country’s GDP growth in 2007 was a staggering 14.2%, but this dropped to 9.7% and 9.5% respectively in the two years following. Based on the current price, the country's average annual GDP growth in these 32 years was 15.8%, reaching an historical high of 36.41% in 1994 and a record low of 6.25% in 1999. Population Below Poverty Line," Accessed Dec. 10, 2019. In 2019, the growth in real gross domestic product (GDP) in China amounted to about 6.1 percent. The Atlantic. China GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: National Bureau of Statistics of China. Statista. The Gross Domestic Product (GDP) in China was worth 14200 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. China's GDP grew at 6.5% year-over-year in the third quarter of 2018. The headlines grabbed attention: “China’s economy grows at slowest rate in nearly 30 years,” noted the Financial Times in a typical example. China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States. GDP Annual Growth Rate in China is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Still, China's GDP growth last year was the slowest since 1990, according to Reuters records. This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. For the best possible user experience, we recommend IE9 or above, Chrome and Firefox. Its economy grew 7.8% in 2013, 7.3% in 2014, 6.9% in 2015, and 6.7% in 2016. GDP Growth Rate in China averaged 1.47 percent from 2010 until 2020, reaching an all time high of 2.60 percent in the first quarter of 2011 and a record low of -9.80 percent in the first quarter of 2020. China's growth rate has slowed since the double-digit rates before 2013. China's share of global gross domestic product (GDP) 2012-2024 Gross domestic product (GDP) growth rate in China 2011-2021 Quarterly gross domestic product (GDP) growth rate in China … The GDP value of China represents 11.72 percent of the world economy.
Forecasts by the IMF expect a decline in GDP growth … Economy Latest Trend Ranking; Composite leading indicator (CLI) Indicator 96.20 Amplitude adjusted Long-term average = 100 May-2020 China (People's Republic of) Long-term average = 100 FDI stocks Indicator: 14.8 Outward % of GDP 2013: Belt and Road Initiative China’s ambitious plans to develop road, rail, and sea routes across 152 countries is scheduled for completion by 2049—in time for the PRC’s 100th anniversary. China NBS data “Gross Domestic Product (GDP) Growth Rate in China 2011-2024,” Accessed Dec. 10, 2019.
From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching an historical high of 15.2% in 1984 and a record low of 3.8% in 1990.
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