We expect China's real GDP to expand by 8.5% in 2021, from 2.3% growth in 2020, underpinned by fiscal support for infrastructure, healthcare and consumption. China gdp growth rate for 2016 was 6.85%, a 0.19% decline from 2015. The Gross Domestic Product (GDP) in China expanded 18.3 % YoY in Mar 2021, following a growth of 6.5 % in the previous quarter. Real GDP Growth YoY data in China is updated quarterly, available from Mar 1992 to Mar 2021, with an average rate of 9.1 %. The data reached an all-time high of 18.3 % in Mar 2021 and a record low of -6.8 % in Mar 2020. China: Nominal fixed investment growth eases in April. May 17, 2021. The Gross Domestic Product (GDP) in China was worth 14342.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching a historical high of 15.2% in 1984 and a record low of 3.8% in 1990. In 2020, the country's GDP expanded 2.3%, the slowest pace in more than four decades. China gdp growth rate for 2019 was 6.11%, a 0.64% decline from 2018. After loosening in 2020, monetary policy will shift to a neutral stance in 2021, amid concerns of deepening structural imbalances. The new US administration, […] China NBS data After a tumultuous pandemic year we need a sober assessment of where China’s economy stands and how its gross domestic product (GDP) is likely to evolve in 2021. Industrial production increased 9.8% year-on-year in April (March: +14.1% yoy). The GDP value of China represents 11.81 percent of the world economy. Beijing has launched a new (14th) Five-Year Plan (FYP), tweaking the growth recipe and offering a GDP growth target of above 6% for 2021. China: Industrial output growth loses pace in April. GDP Annual Growth Rate in China averaged 9.29 percent from 1989 until 2021, reaching an all time high of 18.30 percent in the first quarter of 2021 and a record low of -6.80 percent in the first quarter of 2020. In the first quarter of 2021, the growth of the real gross domestic product (GDP) in China ranged at 18.3 percent compared to the same quarter of the previous year. China gdp growth rate for 2018 was 6.75%, a 0.2% decline from 2017. China gdp growth rate for 2017 was 6.95%, a 0.1% increase from 2016. Countries by Real GDP Growth Rate in 2018 (Data from IMF WEO Database, April 2020) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate ; the rate of growth of the value of all final goods and services produced within a … May 17, 2021. Read more. 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.
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