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Please do not hesitate to contact me. Additional Information. Gross domestic product GDP growth rate in China This feature is limited to our corporate solutions. Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities. In , the gross domestic product GDP of China amounted to around It measures the total value of all goods and services produced in an economy over a certain time period.
According to the projections at hand, the Chinese economy will maintain a steady growth momentum. Since , China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index , a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 39 percent in You only have access to basic statistics.
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World Bank. July 21, Vietnam: Distribution of gross domestic product GDP across economic sectors from to [Graph]. Gross domestic product GDP is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services less imports.
While GDP is the single most important indicator to capture economic activity, it falls short of providing a suitable measure of people's material well-being for which alternative indicators may be more appropriate. This indicator is less suited for comparisons over time, as developments are not only caused by real growth, but also by changes in prices and PPPs.
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